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32618911
33310281

5576 Aenon Lane, Tallahassee, FL 32304

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC
$1,640,000
25 days on market
Updated 3 days ago

5 acre Mobile Home Park | Tallahassee, FL 32304

Details
Property Type Mobile Home Park
Square Footage 3,508
Occupancy 90%
Pro-Forma Cap Rate 13.02%
Pro-Forma NOI $217,442
Acreage 5.000
Zoning MH
Sale Condition 1031 exchange

5 acre Mobile Home Park | 5576 Aenon Ln Tallahassee, FL 32304 | Leon County

Marketing description

Address: 5576 Aenon Ln Tallahassee, FL 32304

County: Leon County

Parcel ID: 21-31-20-216-000.0

Building size: 3,508 sqft

Land size (acre): 5

Land size (sqft): 217,800

Layout: MHP | 20 Mobile Homes | 2 RV Lots

Septic: Connected

Water: Well

Electric: Connected

Road Access: Yes

Flood Zone: No

Wetlands: No

Opportunity zone: False

Investment highlights

Rent Info:

Potential Gross Rent: $20,828/month

Potential NOI: $217,442

Asking price: $1,640,000 with OWNER FINANCING option

Down Payment: $640,000 (due at closing)

Note: $1,000,000

Payments to Seller: $5,995.51 ($71,946.12 per year)

Interest Rate: 6% with a 5-year balloon

Amortization period: 30 Years

No Prepayment Penalty

Deal Highlights

🏑 20 Mobile Homes + 2 RV Lots - Established mobile home park setup on 5 acres featuring diversified rental income potential with both MH and RV components.

πŸ“ Prime Tallahassee Location - Situated on Aenon Ln with convenient access to major transportation routes, employment hubs, and surrounding residential demand drivers.

πŸ’° Strong Income Potential - Projected gross rent of $20,828/month with estimated NOI of $217,442/year, offering attractive cash-flow performance for investors.

✈️ Near Tallahassee International Airport - Strategic proximity to the airport supports workforce housing demand, transient occupancy, and regional accessibility.

🌳 Expansive 5-Acre Site - Large 217,800 SF parcel provides room for operational flexibility, additional improvements, or future expansion opportunities.

🏘 Peaceful Rural-Residential Environment - Located in a quiet setting with a balance of privacy and accessibility, appealing to long-term tenants seeking affordable housing options.

πŸ›£ Convenient Access to Major Corridors - Easy connectivity to major roads and nearby commercial areas enhances tenant convenience and property accessibility.

πŸ“ˆ Strong Affordable Housing Demand - Tallahassee continues to experience steady demand for affordable housing options, supporting long-term occupancy and rental growth.

🚫Showing property visits by appointment only.

πŸ“² Call\ Text to schedule

Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

Listing Contacts

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC

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Additional Information

Name
Drew Attias
License
Florida
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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