Log In/Sign Up
Your email has been sent.
4410 Pine St 6 Unit Mobile Home Park $690,000 ($115,000/Unit) 11.04% Cap Rate Valrico, FL 33596
EXECUTIVE SUMMARY
This is an excellent opportunity for an investor seeking a "value-add" deal. There are currently six units on site with pads for two units to be brought in by the next owner to substantially increase the NOI. This is in a flood zone and requires a cash buyer. Units in the rear of the park sit high, were unaffected by the storms of 2024. One unit in front of the park flooded and was removed. Recent updates include new driveway, new septic system and refurbishment of some units. Most tenants have been in residence for at least four years. Over time, a new owner could replace older units with newer ones and have higher rent opportunities. Actual unit mix: Two 2 bedroom, 1 bath; One 1 bedroom, 1 bath; One 2 bedroom 2 bath. Two 3 bedroom, 2 bath. Great Brandon area location. Located just south of Lithia-Pinecrest. Drive by, do not disturb tenants. Financials upon request.
PROPERTY FACTS
| Price | $690,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $115,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.96 AC |
| Cap Rate | 11.04% | Building Size | 6,276 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built/Renovated | 1975/2023 |
| Zoning | PD - Mobile Home Park | ||
| Price | $690,000 |
| Price Per Unit | $115,000 |
| Sale Type | Investment |
| Cap Rate | 11.04% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 3.96 AC |
| Building Size | 6,276 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2023 |
| Zoning | PD - Mobile Home Park |
AMENITIES
SITE AMENITIES
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | - | - |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4410 Pine St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.