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119 SW Joyful Loop
Lake City, FL 32024
Shady Oaks · Multifamily Property For Sale · 8,568 SF

INVESTMENT HIGHLIGHTS

  • Shady Oaks Mobile Home Park is a 13-unit, fully park-owned community offering stable cash flow in Lake City, Florida.
  • The park benefits from a newly installed well and existing septic system, keeping utility costs low.
  • Located less than two miles from I-75 and downtown Lake City, offering excellent access and convenience.
  • The property is projected to be fully occupied at closing, with a rent roll increase from $7,900 to $9,400 per month.
  • Operated by the same owner for nearly eight years, fostering long-term, quality tenants.
  • Positioned in a quiet, rural setting near major employers, hospitals, schools, and Gateway City College.

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 2.16 AC
Building Size 8,568 SF
No. Stories 1
Year Built 1968
Zoning MH Park (2802) - MH Park (2802) zoning allows for manufactured home parks with multiple units on a single parcel, meeting local code requirements.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 13 - -
  • Listing ID: 36169525

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 119 SW Joyful Loop, Lake City, FL 32024

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