436 S US Highway 17 - Manufactured Housing/Mobile Housing FOR SALE


East Palatka, FL 32131
$3,100,000 USD
305-987-6628
436 S US Highway 17, East Palatka, FL for Sale
$3,100,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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null | Request Cap Rate

436 S US Highway 17
East Palatka, FL 32131


HIGHLIGHTS

  • The property includes 56 full hookup RV spaces, with pending entitlements for 21 additional pads and 4 tent spaces.
  • Amenities include a pool, recreation hall, community bathrooms, laundry facilities, dump station, and propane filling equipment.
  • The resort features a dog park, fire pit, large shaded spots, and immediate access to the St. Johns River.
  • Located just 30 minutes from St. Augustine and with frontage on the busy Highway 17, the property offers excellent visibility.
  • The campground has undergone significant improvements, including management, tenant base, and increased occupancy and rents.
  • The resort is poised for continued growth due to the surging demand for affordable housing in Palatka.

OVERVIEW

ComReal is pleased to exclusively present the St. Johns Campground/RV Resort in East Palatka, FL, priced at $3,100,000. The property sits on 6.96 acres with 56 full hookup RV spaces, pending entitlements for 21 additional pads, 4 tent spaces, and a newly updated manager's apartment. Zoned as a commercial parking lot, the campground offers a range of amenities including a pool, recreation hall, community bathrooms, laundry facilities, dump station, new propane filling equipment, dog park, fire pit, large shaded spots, and immediate access to the St. Johns River. The location, across from the river and just 30 minutes from St. Augustine, is strategically positioned for continued growth, with city water and sewer services. With rising demand for affordable housing, particularly for the workforce employed by Georgia Pacific and service industries, the resort has seen improved occupancy and rents. Additionally, the park’s entitlements for expansion and Palatka’s projected growth due to nearby developments like the Bass Pro Shops resort make this a highly desirable investment opportunity. Financials are available upon request.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.57 AC

LAND SF

329,748 SF

ZONING

02800

APN/PARCEL ID

39-10-27-8320-0050-0000

ASK ABOUT THIS PROPERTY

Mort FetterolfComReal Miami – Doral, LLCMore Info
305-987-6628

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Mort FetterolfComReal Miami – Doral, LLCMore Info
305-987-6628

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