170 NE Craig Ave
- Stabilized Property with Strong Operational Fundamentals
- Balanced Unit Composition
- Infrastructure Improvements Completed
- Prime Affordable Housing Market
Property Description
This offering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand affordable housing markets. The property offers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization. The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septic system, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $825,000 |
| No. of Units: | 12 |
| Year Built: | 1997 |
| Lot Size: | 1.74 Acres |
| Opportunity Zone: | No |
| Price per unit: | $68,750 |
| Property Website | Click Here |
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