Manufactured Housing
820 Red Oak Avenue Sebring, FL 33870
For Sale
Contact for pricing
17-unit manufactured housing community with park-owned homes and studio apartments, with utilities currently included in rent.
Property Size1,974 SF
Price / SF$455.93
Days on Market48
Property Features for 820 Red Oak Avenue
General Information
Standard status
Active
Size
1,974 SF
Property subtype
Mobile Home Park
Building Details
Year Built
1959
Listing Agency:
eXp Commercial
Listed By:
Lou Febbo · License #SL3660219
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Jul 27 at 1:30PM
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.
This offering presents a 17-unit manufactured housing community featuring 15 park-owned manufactured homes and 2 studio apartments. The property is currently generating approximately $100,010 in annual gross income, with rent levels noted as remaining below market.
The community is located at 820 Red Oak Avenue in Sebring, Florida. According to the provided remarks, the asset benefits from being in a growing Central Florida market where demand for attainable housing options continues to be a key driver.
From an operating standpoint, the mix of park-owned homes and studio units supports a managed community model with in-place income. The remarks also identify two areas for potential improvement based on current structure: current water, sewer, and electric expenses are included in rent and are not being recaptured by ownership, and current rents are described as below market levels. Seller financing is also referenced in the offering materials. This combination of existing income and charge-capture considerations is presented as a straightforward value-add path for qualified investors seeking affordable housing-focused assets.
The community is located at 820 Red Oak Avenue in Sebring, Florida. According to the provided remarks, the asset benefits from being in a growing Central Florida market where demand for attainable housing options continues to be a key driver.
From an operating standpoint, the mix of park-owned homes and studio units supports a managed community model with in-place income. The remarks also identify two areas for potential improvement based on current structure: current water, sewer, and electric expenses are included in rent and are not being recaptured by ownership, and current rents are described as below market levels. Seller financing is also referenced in the offering materials. This combination of existing income and charge-capture considerations is presented as a straightforward value-add path for qualified investors seeking affordable housing-focused assets.
Key Highlights
- 17‑unit manufactured housing community in Sebring, FL
- Comprises 15 park‑owned homes and 2 studio apartments
- Generates approximately $100,010 in annual gross income
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 17-unit manufactured housing community with park-owned homes and studio apartments, with utilities currently included in rent.
Where is this mobile home & rv park located?
The property is located at 820 Red Oak Avenue Sebring, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 17‑unit manufactured housing community in Sebring, FL; Comprises 15 park‑owned homes and 2 studio apartments; Generates approximately $100,010 in annual gross income
