Cedar Pines Mobile Home
For Sale
$1,200,000
224 Southeast Davie Court, Lake City, FL 32025
40-site mobile home park with value-add potential in Lake City, FL.
Property Size23,000 SF
Days on Market111
Property Features for 224 Southeast Davie Court
General Information
Standard status
Active
Size
23,000 SF
Property subtype
Multifamily
Building Details
Building Size
23,000 SF
Listing Agency:
Sherman & Hemstreet - Augusta
Listed By:
Zack Hartman · License #GA 380862
(706) 699-5284
Source:
Shermanandhemstreet
Added: May 20
Changed: Sep 5
Last Checked: Sep 7 at 6:29AM
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 Sherman & Hemstreet - Augusta
Investment Insights
Based on property information with market context.
Cedar Pines Mobile Home Park, located in Lake City, FL, features 40 sites. The property currently has cash flow and management in place. The park includes 20 tenant-owned homes with an average lot rent of $468 per month, 3 vacant park-owned homes, and 17 vacant lots. The investment strategy involves raising rents to market rate and infilling vacant lots with new homes to boost occupancy, while completing the remaining 3 rehabs. The property features infrastructure like city water and septic sewer, allowing for infill homes on vacant pads. A new investor has the opportunity to acquire a community with high upside in Florida with a straight forward value add plan.
Key Highlights
- 40‑site mobile home park in Lake City, FL, offering immediate cash flow and a stabilized asset.
- Significant value‑add potential by infilling 17 vacant lots with new homes.
- Existing infrastructure simplifies infill development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 32025, FL
21,886
Population
9,162
Households
2.4
Avg Household Size
41
Median Age
16%
College-Educated
86%
High-School Grad
104.6 sq mi
ZIP Area
209
Density / Sq Mi
$47,074
Median Household Income
$37,493
Median Earnings
$943
Median Rent
$184,900
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 - 40-site mobile home park with value-add potential in Lake City, FL.
Where is this mobile home & rv park located?
The property is located at 224 Southeast Davie Court Lake City, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 40‑site mobile home park in Lake City, FL, offering immediate cash flow and a stabilized asset.; Significant value‑add potential by infilling 17 vacant lots with new homes.; Existing infrastructure simplifies infill development.
