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5158 C P Keen Rd Plant City, FL 33566

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Pending
$1,700,000

Turnkey mobile home park in Plant City, near Tampa.

Lot size:
1.88 Acres

Property Features for 5158 C P Keen Rd

General Information

Property type
Commercial
Standard status
Pending
Lot size
1.88 Acres

Building Details

Year built
1959

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Listing Contact
Ameer Lakhani
Source: Elliman

Listing Agency: PINNACLE REALTY GROUP Listing Agent: Ameer Lakhani

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Income-Producing Mobile Home Park

This income-producing mobile home park is located in Plant City, approximately 20 minutes from Downtown Tampa. Situated on nearly 2 acres within a FEMA X Flood Zone, the property has been fully occupied for four years. The park generates over $200,000 per year in gross rents, with a net income of approximately $150,000 per year, resulting in a 9 CAP rate. The property features 8 fully renovated mobile homes with replaced roofs and floors within the last 5 years, a single-family home with 4 bedrooms and 2 bathrooms, a fenced yard, an exterior shed, and a new AC unit, plus 2 additional studios. Infrastructure upgrades include 2 new septic systems, a water filtration system, new rewiring, and updated piping. All units were fully renovated less than 5 years ago and have no deferred maintenance. The property includes sheds and storage structures.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Hotel & Motel Bar & Pub Grocery & Convenience Store Auto Parts Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Plant City
County
Hillsborough
State
Florida
Longitude
-82.1864726
Latitude
28.0179874

FAQs

What type of property is this?
Mobile home & RV park - Turnkey mobile home park in Plant City, near Tampa.
Where is this mobile home & rv park located?
The property is located at 5158 C P Keen Rd Plant City, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - High Income and 9 CAP Rate: Generates approximately $200,000 gross annually and $150,000 net, offering a strong 9% capitalization rate.; - Zero Vacancies and Strong Tenancy: Fully occupied for 4 years with an immaculate tenancy record.; - Fully Rehabbed and Stabilized: All 8 mobile homes fully renovated inside and out, with recent roof and floor replacements, plus a renovated single-family home and 2 studios.
More about this property
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