Income Producer 3 Home Multifamily Opportunity

Investment Overview

This multifamily investment opportunity is ideally located on Lakeland’s southwest side. The property includes a newly renovated 3-bedroom, 1-bath single-family home, along with two 2-bedroom, 1-bath mobile homes. The primary residence has been thoughtfully updated with new roof, new A/C, laminate flooring, modern plumbing fixtures, and a full suite of new appliances, offering a turnkey rental opportunity. Both mobile homes are currently occupied, providing immediate income, while the renovated home is rent-ready. Each home has a laundry hook up. Professional property management is already in place, with services available to continue for a seamless transition to new ownership. The property is serviced by two septic systems, with electric and water provided by the City of Lakeland. Conveniently located near Memorial Boulevard and New Tampa Highway, the site offers excellent connectivity to the greater Lakeland area. The single family home is currently vacant, but market rate is estimated at $1,600 per month. It has a new HVAC system, and roof. Current expenses include property tax, insurance, lawn maintenance, and repairs and maintenance, listed below. There is one water meter for all 3 properties, however this can be split, if needed. Leases are available to review as is a survey.

Investment Highlights

• Small multifamily opportunity - 2 mobile homes & 1 single family home
• Immediate income in place, with professional property management available for a seamless transition
• Convenient access to Memorial Boulevard, New Tampa Highway, and the greater Lakeland area