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20510 US Highway 98 4,808 SF Specialty Building Offered at $677,659 CAD in Dade City, FL 33523
Investment Highlights
- 8-unit mobile home park on 1.34 acres with long-term tenancy and operational simplicity.
- Seven park-owned units streamline management and maintenance oversight.
- Convenient location with nearby retail, fuel options, and public transportation access.
- High historical occupancy rate of 97%, generating steady rental income.
- Private and wooded setting provides a secluded living environment for tenants.
- Seller financing available with favorable terms, facilitating acquisition for qualified buyers.
Executive Summary
This 8-unit mobile home park in Dade City offers an excellent opportunity for investors seeking stable income and future growth potential. Situated on 1.34 acres and fully leased with a 97% annual occupancy rate, the property consists of 7 park-owned units and one tenant-owned home. Unit mix includes four 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, and two 1-bedroom/1-bath units.
The park is fully equipped with a single well and three septic tanks, reducing operating complexities. It benefits from a secluded setting surrounded by mature trees, which enhances tenant privacy and retention. The location provides direct frontage along Highway 98 with convenient access to daily necessities. A Pasco County Public Transportation bus stop is directly across the entrance, with Dollar General and Marathon gas station within walking distance.
Seller financing terms are available with 20% down at 8% interest, a 10-year term, and a 5-year balloon, subject to credit and background approval. With strong rental demand and consistent occupancy, this asset offers dependable cash flow.
The park is fully equipped with a single well and three septic tanks, reducing operating complexities. It benefits from a secluded setting surrounded by mature trees, which enhances tenant privacy and retention. The location provides direct frontage along Highway 98 with convenient access to daily necessities. A Pasco County Public Transportation bus stop is directly across the entrance, with Dollar General and Marathon gas station within walking distance.
Seller financing terms are available with 20% down at 8% interest, a 10-year term, and a 5-year balloon, subject to credit and background approval. With strong rental demand and consistent occupancy, this asset offers dependable cash flow.
Property Facts
| Price | $677,659 CAD | Building Class | C |
| Price Per SF | $140.94 CAD | Lot Size | 1.34 AC |
| Sale Type | Investment | Building Size | 4,808 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Trailer/Camper Park | Year Built | 1988 |
| Zoning | R3 | ||
| Price | $677,659 CAD |
| Price Per SF | $140.94 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 4,808 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Zoning | R3 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 27-23-21-0090-02000-0000 | Improvements Assessment | $58,724 CAD |
| Land Assessment | $370,099 CAD | Total Assessment | $428,823 CAD |
Property Taxes
Parcel Number
27-23-21-0090-02000-0000
Land Assessment
$370,099 CAD
Improvements Assessment
$58,724 CAD
Total Assessment
$428,823 CAD
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20510 US Highway 98
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