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Browse More Listings in Multifamily For Sale, Lakeland, FL or Florida

Multifamily Property - Off Market

Happy Hollow Mobile Home Park

2620 Reynolds Road, Lakeland, FL 33801

Price:
N/A
No. Spaces:
20
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
10.25%
Lot Size:
2.50 SF

Last Verified 10/20/2009 Listing ID 15926058

Highlights

Excellent Money Maker

Strong Rental History

Description

Centrally located near Hwy 98 S and the Polk Parkway, this 20-space mobile home and RV rental park is an income-producing investment with a CAP rate of 10.25%. Demonstrating a strong rental history, rental income comes in weekly and monthly. All the necessary amenities, including shopping and medical care, are close by. Located on 2.5+/- acres of land with 60+/- ft frontage on Reynolds Road and 1,800+/- ft frontage on Par 3 Drive. The 20 spaces include 6 park-owned mobile homes, 2 park-owned RVs, 3 mobile home lots, and 9 RV lots.

Located on Reynolds Road in Lakeland, FL with easy access to the Polk Parkway and I-4. Centrally located between Tampa and Orlando.

Map of 2620 Reynolds Road, Lakeland, FL 33801 (Polk County)

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Created 10/3/2008

Additional Information for 2620 Reynolds Road, Lakeland, FL 33801

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Happy Hollow Mobile Home Park

2620 Reynolds Road, Lakeland, FL, 33801