Manufactured Home and RV
For Sale
$424,000
18110 SPANGLER Avenue, Brooksville, FL 34604
MULTI_FAMILY - BROOKSVILLE, FL
Property Size2,576 SF
Lot Size0.90 Acres
Price / SF$164.60
Days on Market170
Property Features for 18110 SPANGLER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R1A
Interior features
Ninguno
Appliances
Electric Water Heater, Range, Refrigerator
Subdivision
GARDEN GROVE
Elementary school
Brooksville Elementary
Middle school
D.S. Parrot Middle
High school
Central High School
Directions
From route 50 and 41 Brooksville turn left south for aprox 4 miles. Turn left on Spangler Ave and units are on the right side.
Standard status
Active
APN
R17-223-19-1780-0250-0020
Size
2,576 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GARDEN GROVE BLK 25 LOTS 2 3 4 5
Tax Annual Amount
4003
Legal Description
GARDEN GROVE BLK 25 LOTS 2 3 4 5
Utilities
Utilities
Phone Available
Sewer type
Private Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Private
Building Details
Year built
1992
Floors in Building
1
Number of units
4
Flooring type
Carpet, Laminate
Building materials
Metal Frame
Roof type
Metal
Listing Agency:
REALTY ONE GROUP ADVANTAGE
(813) 909-0909
Listed By:
David Jordan · License #3333163
(352) 573-0072
Added: Feb 11
Changed: Jul 25
Last Checked: Jul 31 at 4:06PM
MLS# TB8476394
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-pad manufactured home and RV community includes four park-owned homes that have been renovated between 2020 and 2025. Improvements noted include new kitchens and baths, updated flooring, electrical system upgrades, and HVAC unit replacements. The community is presented as a turnkey, income-focused residential arrangement.
The property is located off Highway 41 in Brooksville, Florida (Hernando County). The listing notes convenient access to regional routes and nearby everyday amenities, including Publix Supermarket at Brooksville Square and Walmart Supercenter.
The site sits on approximately 0.9 acres and is offered for sale with an identified NOI of approximately $42,000 and a 9 CAP rate in the remarks. Viewings require advance scheduling with the listing realtor to respect tenant privacy.
The property is located off Highway 41 in Brooksville, Florida (Hernando County). The listing notes convenient access to regional routes and nearby everyday amenities, including Publix Supermarket at Brooksville Square and Walmart Supercenter.
The site sits on approximately 0.9 acres and is offered for sale with an identified NOI of approximately $42,000 and a 9 CAP rate in the remarks. Viewings require advance scheduling with the listing realtor to respect tenant privacy.
Key Highlights
- 4‑pad manufactured home and RV community in Garden Grove (Brooksville, FL) built in 1992
- Four fully renovated, park‑owned homes with updates between 2020 and 2025, including new kitchens, baths, flooring, electrical systems, and HVAC units
- Approx. NOI of $42,000 and 9 cap rate reported in the listing remarks
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $17.88 |
| − Vacancy | −$3.1k | −$1.21 |
| EGI | $43.0k | $16.67 |
| − OpEx | −$12.9k | −$5.00 |
| NOI | $30.1k | $11.67 |
2,576 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.5K
$375.9K – $501.1K
NOI $30,068 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$338.5K
$296.2K – $394.9K
NOI $23,692 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$586.8K
$513.5K – $684.6K
NOI $41,076 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 34604, FL
12,800
Population
4,948
Households
2.6
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
36.3 sq mi
ZIP Area
353
Density / Sq Mi
$85,111
Median Household Income
$40,755
Median Earnings
$1,162
Median Rent
$272,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully renovated park-owned pads provide a manufactured home and RV community setup.
Where is this quadplex located?
The property is located at 18110 SPANGLER Avenue Brooksville, FL.
What is the asking price?
The asking price for this property is $424,000.
What are key features of this property?
This property features: 4‑pad manufactured home and RV community in Garden Grove (Brooksville, FL) built in 1992; Four fully renovated, park‑owned homes with updates between 2020 and 2025, including new kitchens, baths, flooring, electrical systems, and HVAC units; Approx. NOI of $42,000 and 9 cap rate reported in the listing remarks
