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44 Crawford Dr 18 Unit Mobile Home Park $2,740,847 CAD ($152,269 CAD/Unit) 11.16% Cap Rate Lake Placid, FL 33852
INVESTMENT HIGHLIGHTS
- Renovated trailer park
- Boat ramp and dockage
- New mobile homes built in 2021
- Lakefront
- New electric meters for each individual unit
- New septics
EXECUTIVE SUMMARY
Mobile Home Park Income Opportunity. 13 Brand New Modular Homes, all 3-bed, 2-bath over 1,000 sq. ft. ea. and 2 Single Family Homes, a 2 Bed 1 bath cabin over 900 sq. ft and a 3 bed 2 bath house over with wheel chair access and 1,400 sq. ft. directly on the lake. Everyone in the park has lake access with a community boat ramp, docks and trailer storage area. So much potential with 3.69 Acres and at least an acre or more of cleared land right on the waterfront with additional potential for more income. Location is everything, this is the 5th largest lake in Florida and a well-known tournament bass fishing lake by fisherman all over the world. You can do all monthly or a combination of Airbnb, weekly, 6 months or yearly rentals. Just imagine the possibilities. Many of these come furnished and are just now being rented. Each home has its own brand-new meter, new AC and appliances. It took 2 years to complete the project. The entire Mobile Home Park was completely updated with brand new Duke Energy meters. All brand-new septic systems for the entire park. The park needs no work all permits are closed. Start renting immediately. This is on the West side of the lake in Lake Placid which is close to grocery stores and restaurants. Turn this into a money-making fish camp that your customers will come back to year after year or live there renting full time. This is a rare opportunity for almost 4 acres acres on Lake Istokpoga zoned for manufactured homes on rented lot spaces and including R1 for single family home. Call to Schedule, appointments only. There is a short canal and boat ramp on the property and plenty of space for rent boat trailer parking or RV parking. Lakefront land zoned for Modular homes R1 is hard to find. Don't miss this opportunity. 3 Bed/2bath Modular Homes are renting for $1,500 a month. Homes rents for $1,600 to $2200 a month depending on time of year Airbnb vs rental. Once in charge you set prices or additions for what makes sense for your business plan.
PROPERTY FACTS
| Price | $2,740,847 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $152,269 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 3.60 AC |
| Cap Rate | 11.16% | Building Size | 25,000 SF |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1940/2025 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | R1 - Residential | ||
| Price | $2,740,847 CAD |
| Price Per Unit | $152,269 CAD |
| Sale Type | Investment |
| Cap Rate | 11.16% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 3.60 AC |
| Building Size | 25,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1940/2025 |
| Zoning | R1 - Residential |
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44 Crawford Dr
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