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For Sale

East Lake City MHP

170 NE Craig Ave,
Lake City, FL 32055

Asset Snapshot

1997
Year Built
1
Floor Count
12
Building Count
12 Units
Unit Count
0 SF
Average Unit Size
12,408 SF
Property Size
80%
Occupancy

Offering Summary

Investment Overview

This offering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand affordable housing markets. The property offers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization. The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septic system, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.


Investment Highlights

  • Stabilized Property with Strong Operational Fundamentals
  • Balanced Unit Composition
  • Infrastructure Improvements Completed
  • Prime Affordable Housing Market

How it Works

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Listing Syndicated From

Buildout
For Sale
$825,000
Asking Price