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Shangri-La Mobile Home & RV Park 3388 5th Ave 32 Unit Mobile Home Park $3,145,411 CAD ($98,294 CAD/Unit) Saint James City, FL 33956
Investment Highlights
- Under-market rents = strong upside potential
- Located in desirable Pine Island, FL (largest island on Florida’s west coast)
- Rebuilding tenant base & improving infrastructure
- Year-round demand for affordable housing & RV space
Executive Summary
A prime value-add investment opportunity on Florida’s west coast! Shangri-La MHP & RV Park is actively rebuilding a with occupancy and infrastructure steadily improving. Current rents are well below market, offering tremendous upside for income growth.
Located on beautiful Pine Island, known for its Old Florida charm, world-class fishing, boating, and laid-back lifestyle, this community attracts retirees, seasonal residents, and visitors year-round. Limited supply of affordable coastal housing combined with strong demand makes this a rare opportunity for investors seeking both stability and growth potential.
Located on beautiful Pine Island, known for its Old Florida charm, world-class fishing, boating, and laid-back lifestyle, this community attracts retirees, seasonal residents, and visitors year-round. Limited supply of affordable coastal housing combined with strong demand makes this a rare opportunity for investors seeking both stability and growth potential.
Property Facts
| Price | $3,145,411 CAD | Apartment Style | Garden |
| Price Per Unit | $98,294 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.05 AC |
| No. Units | 32 | Building Size | 1,048 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1970 |
| Zoning | MH-2 | ||
| Price | $3,145,411 CAD |
| Price Per Unit | $98,294 CAD |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.05 AC |
| Building Size | 1,048 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | MH-2 |
Amenities
Site Amenities
- Laundry Facilities
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Property Taxes
| Parcel Number | 02-46-22-05-00420.0090 | Improvements Assessment | $55,626 CAD |
| Land Assessment | $610,606 CAD | Total Assessment | $845,206 CAD |
Property Taxes
Parcel Number
02-46-22-05-00420.0090
Land Assessment
$610,606 CAD
Improvements Assessment
$55,626 CAD
Total Assessment
$845,206 CAD
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Shangri-La Mobile Home & RV Park | 3388 5th Ave
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