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33939160
33939159

725 North Chestnut Road, Lakeland, FL 33815

JL
FL BK3206282, FL FL SL3206282
100UNits.com
Listed by 100UNits.com
$1,100,000
4 days on market
Updated 4 days ago

Chestnut Mobile Home Park

Details
APN 23-28-15-085500-000515, 23-28-15-085500-000501, 23-28-15-085500-000517, 23-28-15-085500-000518
Property Type Mobile Home Park
Sub Type Mobile Home Park
Square Footage 12,000
Units 12
Cap Rate 10.15%
NOI $111,693
Occupancy 95%
Price per SqFt $10
Year Renovated 2024
Acreage 2.560
Zoning MHP
Investment Type Value Add

Mobile Home Park | 10.15% CAP | 12 Pads

Marketing description

100Units.com presents 731-725 Chestnut Road North a mobile home park opportunity with significant value add through rental inside. This property is a 4 adjacent parcels over 2.56 acres. All mobile homes are park owned, with three 3 bedroom 2 bath mobile homes (1 double wide and 1 single wide) , seven 2 bedroom 2 bath mobile homes, and two 2 bedroom 2 bath mobile homes. Rents are currently below market. The utilities are as follows: water is public, sewer is septic tanks ( 4 tanks), electric is separately metered to each mobile home.

Discover the vibrant ambiance of Lakeland, FL, surrounding the property at 725 North Chestnut Road. This rapidly growing city offers a perfect blend of urban excitement and suburban charm, attracting a diverse population. Located in close proximity to popular attractions like Lake Mirror, the Historic Garden District, and the Polk Museum of Art, the area provides an appealing mix of cultural and recreational activities. Investors seeking opportunities in the Multifamily/High-Rise sectors will appreciate the strong demand for modern living spaces in this dynamic community, making it an ideal location for a new investment venture.

Investment highlights

  • Value Add Rental Upside
  • Strong Cash Flow Day One
  • Low Operating Expenses
  • Ample parking supports resident convenience
  • No Seller Financing

Listing Contacts

JL
FL BK3206282, FL FL SL3206282
100UNits.com
Listed by 100UNits.com

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,693.00
$9,307.75/mo

Valuation Metrics

0
DSCR
10.15%
Cap Rate
10.15%
ROI

Map

Zoning

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RL-4 ResidentialSingle FamilyResidential Low 4
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View all 141 uses
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Last updated Jan 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Joe LaFleur
License
BK3206282
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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