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Country Acres Mobile Home Park 148 Dove Ct 14 Unit Mobile Home Park $1,218,721 CAD ($87,051 CAD/Unit) 11.45% Cap Rate Lake City, FL 32025



INVESTMENT HIGHLIGHTS
- 14 Total Rentable Units – 13 park-owned homes + 1 RV site
- Below-Market Rents – Immediate upside potential through rent increases
- Low Cost Utilities – Individually metered electric (Tenant Paid), well water, and septic
- Value-Add Opportunity – Possibility to sell the larger rear parcel
EXECUTIVE SUMMARY
Country Acres Mobile Home Park presents a rare opportunity to acquire a well-maintained, cash-flowing asset with built-in value-add potential. The park features 13 park-owned manufactured homes and 1 RV site, totaling 14 rentable units. All homes have been carefully maintained, with build years ranging from 1985 to 1994 and unit sizes ranging from 672 SF (2 bed/1 bath) to 1,848 SF (3 bed/2 bath doublewide).
Each home has been updated over time with improvements such as metal roofing, modern flooring, interior paint, and other upgrades, ensuring long-term durability and tenant satisfaction. The property is serviced by well water, individual septic systems, and separately metered electricity — with tenants responsible for their own utility costs.
Current rental rates offer immediate potential for increased revenue by bringing rents up to market levels. The park includes a larger parcel at the rear of the property that may offer an opportunity for providing multiple exit or expansion strategies for a savvy investor. Country Acres Mobile Home Park is ideal for investors seeking stable returns with room to grow. Whether you're looking for a turnkey asset or a strategic value-add opportunity, this property offers the best of both worlds.
Each home has been updated over time with improvements such as metal roofing, modern flooring, interior paint, and other upgrades, ensuring long-term durability and tenant satisfaction. The property is serviced by well water, individual septic systems, and separately metered electricity — with tenants responsible for their own utility costs.
Current rental rates offer immediate potential for increased revenue by bringing rents up to market levels. The park includes a larger parcel at the rear of the property that may offer an opportunity for providing multiple exit or expansion strategies for a savvy investor. Country Acres Mobile Home Park is ideal for investors seeking stable returns with room to grow. Whether you're looking for a turnkey asset or a strategic value-add opportunity, this property offers the best of both worlds.
PROPERTY FACTS
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Country Acres Mobile Home Park | 148 Dove Ct
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