Cedar Pines Mobile Home
224 Southeast Davie Court Lake City, FL 32025
For Sale
Contact for pricing
Pending
40-site mobile home park with value-add potential in Lake City, FL.
Days on Market72
Property Features for 224 Southeast Davie Court
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Listing Agency:
eXp Commercial
Listed By:
Lou Febbo · License #SL3660219
Source:
Crexi
Added: May 18
Changed: Jul 10
Last Checked: Jul 26 at 4:10PM
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 eXp Commercial
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
Location Intelligence
Current Use
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 $1,000,000.
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.
