3804 N Florida Ave., Lakeland, FL 33805

3804 N Florida Ave., Lakeland, FL 33805
Photo 1 of 1
$380,000
Sold on 2/03/17
Beds Baths Sq. Ft. Taxes Built
0.00 10,000 $283 1920
On the market: 169 days
View full details, 15 photos, school info, and price history
Great performing park with 15 lots, 14 current units, 13 which are rented w/1 that needs to be remodeled (currently gutted and painted outside). There is one empty lot you can bring on another trailer and by doing this and remodeling the empty one (approx $20k) you can increase your monthly cash flow by over $12-1400 a month. All current trailers, cottages and home have been pressure washed and repainted in and out, all trees thoroughly trimmed and all bad landscaping removed. 2 units and house have new central ac systems and several units have all new window units. All maintenance has been brought up, so there are currently no known problems to attend to. All septics were pumped and serviced and 3 new drain fields put in, along with all new lift stations. Several units were remodeled inside and all tenants but 1 from last year when park was taken over were kicked out, raised rents and got all new tenants. This park is producing almost $7000 in gross rents and has potential to go over $9000 with just a little more investment. This is the lowest priced, highest producing park on the market right now, so come take a look and see if you can make it work for your growing portfolio. (No seller financing offered)
Listing courtesy of SUN REALTY