April Barra
BEDS24
BATHS
SQUARE FEET9,206
MLS#G5107036
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEAST LAKE CITY MHP
Property Description
This o?ering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand a?ordable housing markets. The property o?ers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization.The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septicsystem, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 1.74 Acres
Roof Type: Metal, Shingle
Taxes: $9,765
Year Built: 1994
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 89988.00
Days on Site: 44
Directions: This property is in Lake City. Please use the address and GPS to arrive at destination.
Exterior: Frame
Flood Zone Code: x
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 1.74
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi Family
Sewer: Private Sewer, Septic Tank
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 12
Utilities: Electricity Connected, Water Connected
Water: Well
Water Access Y/N: No
Zoning: MHP
Listed By / Shown By
Listed By
Agency Name: RE/MAX PREMIER REALTY LADY LK
Agency Contact: 352-753-2029
Shown By
Agent Name: April Barra
Agent Phone: (813) 404-7992
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 3,205.12 per month $2,114.29 Principal & Interest $813.75 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
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170 NE Craig Avenue | MLS# G5107036
This multi-family property located at 170 NE Craig Avenue, Lake City, FL 32055 is currently listed for sale with an asking price of $950,000. Search Lake City real estate on www.aprilbarrarealestate.com today.