East Lake City Mobile Home Park | 170 NE Craig Ave
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East Lake City Mobile Home Park 170 NE Craig Ave
12 Unit Mobile Home Park $825,000 ($68,750/Unit) 12.12% Cap Rate Lake City, FL 32055
Executive Summary
This a prime invest opportunity with solid cash flow. The park is a mix of homes owned by the lot residents, and park owned homes currently being RTO.
Property Facts
| Price | $825,000 | Building Class | C |
| Price Per Unit | $68,750 | Lot Size | 3.63 AC |
| Sale Type | Investment | Building Size | 108,000 SF |
| Cap Rate | 12.12% | Average Occupancy | 91% |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 0.22/1,000 SF |
| Price | $825,000 |
| Price Per Unit | $68,750 |
| Sale Type | Investment |
| Cap Rate | 12.12% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.63 AC |
| Building Size | 108,000 SF |
| Average Occupancy | 91% |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 0.22/1,000 SF |
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Mike Rust -
Rabell Realty Group
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East Lake City Mobile Home Park | 170 NE Craig Ave
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