Mobile Home Park with 4
For Sale
$975,000
10416 HUDSON AVE, Hudson, FL 34669
Four rented mobile homes on acreage offer a mix of 4-bedroom and 2-bedroom layouts, with additional undeveloped area.
Property Size4,256 SF
Days on Market48
Property Features for 10416 HUDSON AVE
General Information
Standard status
Active
Size
4,256 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$5,919
Building Details
Building Size
4,256 SF
Year Built
1972
Listing Agency:
DALTON WADE INC
(727) 505-3215
Listed By:
Lisa DuFaux
Source:
Kingofrealestate
Added: Jul 13
Changed: Aug 24
Last Checked: Aug 28 at 6:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DALTON WADE INC
Investment Insights
Based on property information with market context.
This property is a small, rural residential income asset consisting of four mobile homes on acreage. Two of the homes are 4-bedroom/3-bath units, and two are 2-bedroom/1-bath units. All four homes are currently rented, and each has its own address.
Approximately half of the property remains undeveloped, which may provide flexibility for future expansion or development of additional single-family homes, subject to applicable approvals.
Based on the stated leasing information, the 4-bedroom units are rented for $2,100 per month each and the 2-bedroom units are rented for $1,500 per month each.
Approximately half of the property remains undeveloped, which may provide flexibility for future expansion or development of additional single-family homes, subject to applicable approvals.
Based on the stated leasing information, the 4-bedroom units are rented for $2,100 per month each and the 2-bedroom units are rented for $1,500 per month each.
Key Highlights
- 4.62‑acre rural property with 4 rented mobile homes (Year built: 1972).
- Unit mix: two 4BR/3BA mobile homes and two 2BR/1BA mobile homes.
- All homes are currently rented; each mobile has its own address.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,143
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,860
$782.9K
Cap Rate 7%
$559,186
$559.2K
Cap Rate 9%
$434,922
$434.9K
Market Conditions
NOI Build-Up for 4,256 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$76.6K $18.00/SF
− Vacancy
−$5.4K −$1.28/SF
EGI
$71.2K $16.72/SF
− OpEx
−$32.0K −$7.52/SF
NOI
$39.1K $9.20/SF
Area
Pasco County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,860
Cap Rate 7%
$559,186
Cap Rate 9%
$434,922
Alternative Uses
Best Use
Apartment 5plus
$559.2K
$489.3K – $652.4K
NOI $39,143 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$969.5K
$848.3K – $1.13M
NOI $67,864 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 34669, FL
15,089
Population
6,747
Households
2.2
Avg Household Size
47
Median Age
14%
College-Educated
87%
High-School Grad
18.7 sq mi
ZIP Area
807
Density / Sq Mi
$52,648
Median Household Income
$44,566
Median Earnings
$1,285
Median Rent
$219,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Four rented mobile homes on acreage offer a mix of 4-bedroom and 2-bedroom layouts, with additional undeveloped area.
Where is this mobile home & rv park located?
The property is located at 10416 HUDSON AVE Hudson, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 4.62‑acre rural property with 4 rented mobile homes (Year built: 1972).; Unit mix: two 4BR/3BA mobile homes and two 2BR/1BA mobile homes.; All homes are currently rented; each mobile has its own address.
