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For Sale

Chestnut Mobile Home Park

725 North Chestnut Road,
Lakeland, FL 33815

Asset Snapshot

2024
Year Renovated
12 Units
Unit Count
0 SF
Average Unit Size
12,000 SF
Property Size
95%
Occupancy

Offering Summary

Investment Overview

100Units.com presents 731-725 Chestnut Road North a mobile home park opportunity with significant value add through rental upside. 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.


Investment Highlights

  • Value Add Rental Upside
  • Strong Cash Flow Day One
  • Low Operating Expenses
  • Ample parking supports resident convenience

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,050,000
Asking Price