33133 Ranch Rd 4 Unit Mobile Home Park $449,602 CAD ($112,400 CAD/Unit) 13.66% Cap Rate Dade City, FL 33523

4 homes on 5 acres - CASH ONLY - no owner financing at this price.
For Sale By Owner - Investor Opportunity – 5-Acre Property with 4 Existing Mobile Homes - Wholesale Price Listing (as is)
May be re-platted, re-zoned, and split down to 1/4 acre, or keep as is a rental income property with 4 mobile homes.
This 5-acre parcel currently includes four mobile homes. Each home has its own utility pole & meter, and each has its own septic system. Water is supplied to all units from 2 redundant wells. With full occupancy the property generated monthly gross rents of $4,200 per month in 2024. The annual expenses are taxes ($5,477/year may be adjusted lower through Tax Collector) and trash service ($600/year) are the landlord / owner's responsibility (tenants cover all utilities) affording a net income of $44,323 annually. Recent repairs included new roofs in May 2025, and additional remodeling & repairs and cleanup overall. Two of the homes which are currently unoccupied, include a double wide and a small single wide. The 2 remodeled and updated homes have one occupied, and one currently available for rent and will be occupied in a few days. The property is being offered AS IS prior to any additional repairs or improvements, presenting a compelling value-add opportunity. Once more renovations or home replacements are completed and homes are re-leased, the property would easily continue to resume its $50,400 annual income at 2024 rents rates. Rents can be increased to meet current market demand. Contact owner directly at 916-813-5369.