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$2,249,900
Est. payment /mo
21,840 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,840 sqft
Price per Sqft $103
Subdivision Florida Garden Lands Rev M
MLS Listing ID TB8403946
HOA Y/N No
Year Built 2001
Annual Tax Amount $21,658
Lot Size 10.130 Acres
Acres 10.13
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Excellent investment opportunity in the rapidly growing Gibsonton area! This well-maintained mobile home community sits on just over 10 acres and includes 20 single-wide units and 1 double-wide unit. The property is clean, organized, and has been consistently cared for, offering a stable tenant base and strong rental potential. Professional property management in place since the seller acquired the property. Annual gross rents at time of purchase (February 2020) were approx. $180,000 and rents were collected weekly. 2025 projected annual gross income is $326,400 and there are no weekly rentals!!! There are 5 original tenants, all other units have been updated with appliances, flooring etc. (and increased rents of course). The buyer can leave these tenants in place or vacate, renovate and increase rents that will of course increase gross annual income even more! The interiors and exteriors have been maintained as needed, installing roofs, ac's, water heaters etc. This is not your typical mobile home community where the owner has deferred maintenance. This is an opportunity to purchase a turnkey mobile home community and be 100% hands off. The track record speaks for itself! Located near major roadways, shopping, and ongoing area development, this community presents a great opportunity for both seasoned investors and those looking to expand their portfolio. With room for potential rent increases or future improvements, this is a turnkey income-producing asset in a high-demand market. Don't miss your chance to own a rarely available mobile home park in this desirable location.
Location
State FL
County Hillsborough
Community Florida Garden Lands Rev M
Area 33534 - Gibsonton
Zoning PD
Interior
Cooling Central Air
Building
Foundation Crawlspace
Lot Size Range 10 to less than 20
Structure Type Other
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Listed by BAY AREA REAL ESTATE & RENTALS