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3702 Valley Farm Rd 9 Unit Mobile Home Park $915,000 ($101,667/Unit) Lakeland, FL 33810
INVESTMENT HIGHLIGHTS
- R-3 zoning allows for multifamily and manufactured housing uses.
- Strong demand for affordable housing with consistent occupancy trends.
- Located in Lakeland, a high-growth market between Tampa and Orlando.
- Positioned for long-term income stability and potential redevelopment.
EXECUTIVE SUMMARY
Positioned in the growing Lakeland corridor between Tampa and Orlando, this R-3 zoned mobile home park offers a rare opportunity to acquire a stabilized multifamily asset in one of Florida’s most dynamic regions. The property sits in a high-demand affordable housing market, where manufactured housing continues to outperform traditional rental segments due to cost efficiency and strong occupancy trends. Lakeland’s strategic location along I-4 provides seamless connectivity to major employment hubs, regional distribution centers, and lifestyle amenities, making this asset attractive for both long-term income and redevelopment potential.
The surrounding area benefits from robust population growth, a diverse employment base, and proximity to major retail and healthcare facilities. Investors will appreciate the zoning flexibility, which supports multifamily development and expansion options. With Florida’s favorable tax climate and Lakeland’s reputation as a logistics and residential hotspot, this property represents a compelling investment for operators seeking stable cash flow and upside through value-add strategies.
The surrounding area benefits from robust population growth, a diverse employment base, and proximity to major retail and healthcare facilities. Investors will appreciate the zoning flexibility, which supports multifamily development and expansion options. With Florida’s favorable tax climate and Lakeland’s reputation as a logistics and residential hotspot, this property represents a compelling investment for operators seeking stable cash flow and upside through value-add strategies.
PROPERTY FACTS
| Price | $915,000 | Building Class | C |
| Price Per Unit | $101,667 | Lot Size | 1.81 AC |
| Sale Type | Investment | Building Size | 7,308 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1985 |
| Zoning | R-3, - medium-density, multi-family residential areas that allow for housing types like townhouses and apartments | ||
| Price | $915,000 |
| Price Per Unit | $101,667 |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.81 AC |
| Building Size | 7,308 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1985 |
| Zoning | R-3, - medium-density, multi-family residential areas that allow for housing types like townhouses and apartments |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 2+2 | 4 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 23-27-28-000000-043040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $129,586 |
PROPERTY TAXES
Parcel Number
23-27-28-000000-043040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$129,586
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3702 Valley Farm Rd
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