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Lake Clinch RV Resort 14 Lake St 52 Unit Mobile Home Park $4,885,720 CAD ($93,956 CAD/Unit) Frostproof, FL 33843

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INVESTMENT HIGHLIGHTS

  • $3.5M Pricing | Fully Rebuilt Infrastructure, Scaled for Efficiency
  • Dock Activation Optionality – 12 floating dock segments stored onsite, can be activated for boat slip income.
  • Cottage Duplex Overlay - Supports hospitality ramp-up via 4-unit build (2 duplexes), targeting ~$125 ADR vs. RV comps.
  • Immediate NOI Upside– Over $2M invested in capital improvements. Institutional Baseline – Site-wide rehab: roads, utilities, pool, clubhouse, branding
  • Pro Forma - ~$291K NOI on core units post-optimization.

EXECUTIVE SUMMARY

Lake Clinch RV Resort is a newly redeveloped, institutional-grade RV and MH resort located on a premier lakefront parcel in Central Florida. Following a two-year, $2M+ capital improvement campaign — layered on a $1M+ acquisition basis — the property reopened in January 2025 with fully rebuilt infrastructure and a high-end amenity set designed for long-term performance and yield optimization.
The redevelopment included full replacement of utilities (electric, water, sewer, roads), construction of a luxury lakefront recreation center, and activation of ~250 linear feet of improved beachfront. Resort-grade features include a sauna, gym, fire pit, shuffleboard, pickleball, and dock access for both paddle and motorized vessels. Infrastructure is in place to support full marina expansion (up to 30 boats), with engineering underway.
Lake Clinch RV Resort is fully entitled, operational, and turnkey — presenting a stabilized yield asset with embedded hospitality and redevelopment upside.
Three valuation paths validate the opportunity:
1.In-Place Income (~$105K): ~3% yield on actuals.
2.Mid-Tier Case (~$291K NOI): Stabilized lease-up plus 1 cottage duplex.
3.Strong Case (~$342K NOI): Full overlays — 2 cottage duplex units + 12 boat slips.
All core infrastructure is in place, including utilities and permitting. Minor optional CapEx on 1 MH unit. Clear revenue path to $4.1M+ valuation within 12–18 months. Ownership will consider a 50/50 JV with a qualified operator or investor.

PROPERTY FACTS

Price $4,885,720 CAD
Price Per Unit $93,956 CAD
Sale Type Investment
No. Units 52
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class B
Lot Size 2.36 AC
Building Size 102,802 SF
No. Stories 1
Year Built 2025
Opportunity Zone Yes
Zoning GC - General Commercial

AMENITIES

SITE AMENITIES

  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Sauna
  • Tennis Court
  • Laundry Service
  • Listing ID: 38284188

  • Date on Market: 2025-10-31

  • Last Updated:

  • Address: 14 Lake St, Frostproof, FL 33843

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