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Herald-Tribune
For Sale For Rent
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bedrooms
bedrooms
4
bathrooms
bathrooms
0
square feet
square feet
1,800
acreage
Acreage
1.31
open houses
Open Houses
-
year built
year built
2005
full baths
Full Baths
0
half baths
Half Baths
0
Great Investment Opportunity with stable income stream in Lakeland/Highland City, Florida! Located in a prime area just off the high-traffic State Road 98, a walk distance to restaurants and shopping plaza. This well-maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio. Key Features:(1) 8 total spaces include 2 rent-to-own homes—will be fully tenant-owned by 2026—and 5 tenant-owned homes with lot rent only) 1 vacant space with significant potential (2) Well-run park with strong tenant retention and consistent revenue streams. (3) Tenants are separately metered for water and electric City water with several septic tanks. Financials:*2024 Gross Revenue: $52,513 *Estimated Expenses: $12,776 *Potential for an additional $10,000+ in revenue by increasing lot rents and implementing trash charge-backs *Filling the vacant space could bring an additional $14,400-$16,800 annually. Investor Opportunity: Easily increase your cap rate with minimal effort. This property is ready for immediate returns with plenty of room for growth. Don’t miss out on this exceptional opportunity to secure a solid, income-generating asset in a rapidly growing market!
Location
Subdivision HASKELL
County Polk
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: TB8344133
Listing agent: Audrey Johnson #3372386
Listing broker: Future Home Realty, Inc (727) 409-3368
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, February 19 2025 at 7:17 p.m. EST
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