916-813-5369
33133 Ranch Rd, Dade City, FL for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/27
null | Request Cap Rate

33133 Ranch Rd
Dade City, FL 33523


HIGHLIGHTS

  • The property generated consistent gross annual rents of $42,000 in both 2023 and 2024, with minimal expenses, tenants pay all utilities.
  • The current offering price is “AS IS” before the repairs are started, offering a value-add opportunity
  • The homes will be repaired this year, but the price for the property will increase accordingly.

OVERVIEW

Investor Opportunity – 5-Acre Income Property with 4 Mobile Homes This 5-acre parcel is zoned for one mobile home per acre and currently includes four mobile homes. The property generated consistent gross annual rents of $42,000 in both 2023 and 2024, with minimal expenses—tenants cover all utilities, and only taxes ($5,477/year) and trash service ($600/year) are the owner's responsibility. This results in a strong net income of $35,923 annually. Due to recent hurricane damage, two homes are currently unoccupied and in need of repair. The property is being offered AS IS prior to repairs, presenting a compelling value-add opportunity. Once fully restored and re-leased, the property is projected to resume its $42,000 annual income. Secure this deal before renovations begin and the price increases.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

4

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R10-123-21-0050-0000-0950

ASK ABOUT THIS PROPERTY

Stephen FournierStephen FournierMore Info
916-813-5369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stephen FournierStephen FournierMore Info
916-813-5369

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.