Mobile Home Estates 33133 Ranch Rd 4 Unit Mobile Home Park $494,752 CAD ($123,688 CAD/Unit) 15.32% Cap Rate Dade City, FL 33523

Residential / Ag Property, suited for equestrian, or business / Agriculture / or small AG or construction yard complete with residences.
UP DATE: Currently 2 of the homes are occupied with rental income of $2350 per month. There are 2 additional homes currently undergoing repairs on the property which may be rental occupied (estimated) starting July 1, 2026, causing the income will increase accordingly to $5,100. We have current survey, and possible property split to 1 acre residential parcels would be approved by the county, representing a profitable upside for an investor/buyer.
This is a "For Sale By Owner" - Investor Opportunity – 5-Acre Property with 4 Existing Mobile Homes - at todays Wholesale Price Listing (as is before completion)
May be re-platted, re-zoned, and split, or keep portions as is a rental income property, and/or could be used as agriculture business, equine facility, or small construction business yard, equipment yard, and comes with 4 mobile homes. Each home has its own utility pole & meter, and each has its own septic system. Water is is well water. With full occupancy the property generated past 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 will include 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 are occupied as rentals, providing the current income. 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 yield a net profit over $55,000 annual income at market rental rates. Rents can be increased to meet current market demand in this anticipated growth region. Contact owner directly at 916-813-5369.