Property History
An exceptional chance to acquire two established mobile home and RV parks—Great Bay and Forest Oak—totaling 47 units across 9.84 acres in growing Dade City, Florida. Ideally positioned off US Highway 301, this property combines strong visibility with convenient access, just minutes from the heart of town. The majority of units have been updated, creating a solid foundation for consistent rental income. Both parks are supported by city water or well, and septic systems, ensuring reliable infrastructure for current and future operations. Set within Flood Zone X and surrounded by peaceful farmland, the property offers a unique blend of stability and growth potential. Investors will appreciate the rare opportunity to secure two parks in one purchase, with room to optimize performance and increase long-term value.
The Colliers Manufactured Housing & RV Group is pleased to offer the opportunity to purchase Forest Oaks Ranch, a 47-unit MH & RV community located in Dade City, FL. The Asking Price for the property is $1,300,000 and includes 47 sites and 5 storage units. The property is offered at a 10% capitalization rate on current income with additional value-add opportunities.
*** All site visits are by appointment only. Do not drive thru park without a scheduled appointment ***
The property is located on US-301 only 5.5 miles from downtown Dade City and 45 minutes from downtown Tampa. The current owners have stabilized occupancy at the property and put in place a third-party manager that handles the day-to-day operations. The current manager is interested in staying on with a new owner.
MHRVGroup@colliers.com
Forest Oaks Ranch presents an opportunity to acquire a stabilized community located less than 5 miles north of Dade City, FL and 45 minutes from downtown Tampa. The community is 91% physically occupied and includes 46 community owned units and 1 resident owned rv unit.
- Located 5-miles north of Dade City and 45-miles from downtown Tampa
- Septic, Other Public Drinking Water System (64E-8)
- 7-miles from the nearest Walmart and less than 8-miles from the nearest Winn-Dixie grocery store
- Average +1-bedroom apartment and single-family home rents +$725 within 10-mile radius
- Offered at a 10% capitalization rate on in-place income
- Owners installed new drainfield system in 2017 costing approximately $100,000
*** All site visits are by appointment only. Do not drive thru park without a scheduled appointment ***
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