Bethany Haven Park
Mixed-use park on city water with below market rents, located near the Tampa MSA
Marketing description
The MHP Value Team is pleased to offer for sale a 14-unit mixed-use community located in Zephyrhills, Florida, consisting of mobile homes, RVs, and single-family homes situated within a growing market just outside the major MSA of Tampa.
The community presents a value-add opportunity with below-market rents across all unit types and operational upside through rent growth and improved management. Current operations include Park-Owned Homes averaging $1,205/M, RV sites averaging $963/M, and a single-family home averaging $1,450/M. The property is serviced by city water and features oversized lots capable of accommodating mobile homes of all sizes, creating long-term flexibility for future infill and expansion opportunities. Additionally, the property includes two additional lots that can be added to the community, creating further upside through expansion and increased revenue potential.
The investment strategy for the community involves implementing professional management, increasing rents toward market levels, maximizing the utility of the large lot sizes through infill opportunities, and incorporating the two additional lots into operations to further enhance income potential. • A new investor has the opportunity to acquire a diversified income-producing asset located in one of Florida’s strongest growth corridors, benefiting from proximity to Tampa, continued population growth, and multiple paths to increase revenue and improve operations over time
Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties
Investment highlights
- Below-Market Rents with Immediate Upside Current rents across the Park-Owned Homes, RV sites, and single-family home remain below market, providing a clear path for a new owner to increase revenue through strategic rent growth and improved management
- Diversified Income Stream The property benefits from a mix of RV sites, mobile homes, and single-family housing, creating multiple income sources and reducing reliance on a single tenant or asset type.
- Expansion Potential Through Additional Lots The community includes two additional lots that can be incorporated into the park, creating an opportunity for expansion and incremental income growth with minimal additional infrastructure requirements.
- Strong Florida Market Near Tampa MSA Located in Zephyrhills, just outside the Tampa metropolitan area, the property benefits from continued population growth, strong housing demand, and proximity to one of Florida’s fastest-growing regions
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