3105 Penny Loop
- 24-unit mobile home park investment opportunity
- 23-pad park plus duplex configuration
- 22 mobile homes currently on site
- One open pad offers additional income potential
- 92% occupied with in-place income
- All park-owned community
- 15,406 SF property
- Duplex built in 2009
- Situated on 1.85 acres
- Individually metered electric supports operational efficiency
- Zoned LCC
- Under the same ownership for 28 years
- Legacy rent upside potential
Property Description
New Harmony Mobile Home Park in Lake Wales, FL presents a compelling multifamily investment opportunity offering 15,406 SF across 24 units. Currently 92% occupied, the asset offers in-place income with additional upside through one open pad and legacy rent potential. The property includes a 23-pad park and a duplex built in 2009, with 22 mobile homes currently on site. This all park-owned mobile home park sits on 1.85 acres and benefits from individually metered electric, supporting efficient operations. Zoned LCC, the property has been under the same ownership for 28 years, reflecting long-term stewardship and operational consistency.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,900,000 |
| No. of Units: | 24 |
| Year Built: | 2006 |
| Lot Size: | 1.85 Acres |
| Opportunity Zone: | No |
| Price per unit: | $120,833 |
| Property Website | Click Here |
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