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730 N Chestnut Rd - Mobile Home Park Investment Opportunity – Lak 0.5 Acres of Commercial Land Offered at $750,000 in Lakeland, FL 33815
Investment Highlights
- good trafic
- Lot in good location
Executive Summary
Excellent opportunity to acquire a 7-unit mobile home park located in Lakeland, Florida.
The property sits on 0.45 acres and currently generates a $9,000 monthly rent roll with approximately $1,600 in monthly fixed expenses, producing strong cash flow.
Key highlights:
• 7 income-producing units
• Monthly rent roll: $9,000
• Monthly expenses: $1,600
• Estimated NOI: $88,800 annually
• Approximate 11.8% CAP rate
Additional features include security cameras, storage space, backup appliances, and spare A/C equipment.
Located in the growing Lakeland market between Tampa and Orlando, with strong rental demand and population growth.
Asking Price: $750,000
Excellent opportunity for investors seeking stable cash flow and strong returns.
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$106,000
|
$212,000.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$106,000
|
$212,000.00
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$19,000
|
$38,000.00
|
| Net Operating Income |
$87,000
|
$174,000.00
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $106,000 |
| Annual Per AC | $212,000.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $106,000 |
| Annual Per AC | $212,000.00 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $19,000 |
| Annual Per AC | $38,000.00 |
| Net Operating Income | |
|---|---|
| Annual | $87,000 |
| Annual Per AC | $174,000.00 |
Property Facts
1 Lot Available
Lot 722
| Price | $750,000 | Lot Size | 0.50 AC |
| Price Per AC | $1,500,000.00 |
| Price | $750,000 |
| Price Per AC | $1,500,000.00 |
| Lot Size | 0.50 AC |
Mobile Home Park Investment Opportunity – Lakeland, FL
Description
This income-producing mobile home park located at 730 N Chestnut Rd in Lakeland, Florida offers a strong investment opportunity in the growing Central Florida market. The property sits on approximately 0.45 acres and consists of five mobile homes with a total of seven rental units. The park currently generates a monthly rent roll of $9,000, with low operating expenses of approximately $1,600 per month, providing solid cash flow potential. Each unit includes a designated laundry area, and the property also features security cameras, on-site storage, a backup refrigerator, and a spare air conditioning unit included with the sale. Strategically located in Lakeland, between Tampa and Orlando, the property benefits from strong rental demand and continued population growth in the Central Florida region. This asset represents an attractive opportunity for investors seeking stable income and long-term upside in the affordable housing sector.
Presented by
Arod Equity Capital
730 N Chestnut Rd - Mobile Home Park Investment Opportunity – Lak
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