Log In/Sign Up
Your email has been sent.
Chestnut Mobile Home Park 725 N Chestnut Rd 12 Unit Mobile Home Park $1,100,000 ($91,667/Unit) 10.15% Cap Rate Lakeland, FL 33815
Investment Highlights
- Value Add Rental Upside
- Low Operating Expenses
- Strong Cash Flow Day One
Executive Summary
100Units.com presents 731-725 Chestnut Road North a mobile home park opportunity with significant value add through rental inside. This property is a 4 adjacent parcels over 2.56 acres. All mobile homes are park owned, with three 3 bedroom 2 bath mobile homes (1 double wide and 1 single wide) , seven 2 bedroom 2 bath mobile homes, and two 2 bedroom 2 bath mobile homes. Rents are currently below market. The utilities are as follows: water is public, sewer is septic tanks ( 4 tanks), electric is separately metered to each mobile home.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$147,300
|
$14.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,365
|
$0.74
|
| Effective Gross Income |
$139,935
|
$13.99
|
| Taxes |
$7,942
|
$0.79
|
| Operating Expenses |
$20,000
|
$2.00
|
| Total Expenses |
$27,942
|
$2.79
|
| Net Operating Income |
$111,993
|
$11.20
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $147,300 |
| Annual Per SF | $14.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,365 |
| Annual Per SF | $0.74 |
| Effective Gross Income | |
|---|---|
| Annual | $139,935 |
| Annual Per SF | $13.99 |
| Taxes | |
|---|---|
| Annual | $7,942 |
| Annual Per SF | $0.79 |
| Operating Expenses | |
|---|---|
| Annual | $20,000 |
| Annual Per SF | $2.00 |
| Total Expenses | |
|---|---|
| Annual | $27,942 |
| Annual Per SF | $2.79 |
| Net Operating Income | |
|---|---|
| Annual | $111,993 |
| Annual Per SF | $11.20 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $364,752 | |
| Land Assessment | $11,238 | Annual Taxes | $7,942 ($0.79/SF) |
| Improvements Assessment | $153,085 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$11,238
Improvements Assessment
$153,085
Total Assessment
$364,752
Annual Taxes
$7,942 ($0.79/SF)
Tax Year
2025
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Chestnut Mobile Home Park | 725 N Chestnut Rd