$750,000
Description
Tremendous upside at this 30 unit & single family home mobile home park in Lakeland, FL. 10 units currently being rented at under market rents. Manager has been in place for 29 years, and will continue on if needed. Most homes in various condition - needing repairs and/or rehab, however, pro forma market rents have incredible promise. 15 septic tanks on the property, basically 1 per two units. The single family home is 1512 Sq FT, 3 bed, 1 bath, needs rehab, but should rent for $1300 per month. Owner pays for water and tenant's pay their individual electric. No owner financing available. Most titles available. Please see property brochure in attachments for more detail.Property Highlights
- Acres: 4.41
- County: Polk
- Year Built: 1921
- Property Type: Commercial, Multi Family
- MLS #: L4924906
Property Features
| Lot Size Acres | 4.41 |
| Lot Size Square Feet | 192,099 |
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