2910 Goodyear Avenue 14, Lakeland, FL 33801

Own your own cash cow mobile home park for under $150k in Lakeland, FL. Property features 8 Mobile Home lots, of which 6 are occupied with 2 vacant lots. Upside potential can be seen by adding two more mobile homes, 1 2/2 unit and 1 travel trailer unit. Also by removing onsite manager (who currently occupies Lot 1 for $0 rent due to maintaining property maintenance & repairs along with collection of rent) allowing for additional $450 per month.
Manager on property that does everything!
4 septic tanks that are all updated
All 6 homes are park owned, permitted for 8
8 (potential) homes from $300 - $450 per month = $40,200.00 potential
18.5% potential cap rate based on pro forma