165 South Drive, Lake Wales, FL 33859
All-ages mobile home park with 101 sites, including lot rentals and park-owned homes, plus a clubhouse/office.
Property Features for 165 South Drive
General Information
Amenities
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Investment Insights
Based on property information with market context.
Water and sewer services are provided by a private utility company that also services homes outside the community. As of September 2019, the majority of the water and sewer expense was passed onto residents.
The current operating approach has emphasized lot renters over rental units, with park-owned rental units previously sold at a discount and lot rental amounts adjusted to market. The stated result was reduced staffing needs and fewer repairs and maintenance, while supporting resident pride of home ownership.
Key Highlights
- All‑ages mobile home park with 101 total sites
- 93 lot renters with average lot rent of $391
- 7 park‑owned homes: 4 rentals, 1 office, and 2 vacant homes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 33859, FL
Market
Vacancy Rate% for Multifamily in South region