10212 Cr-44 Leesburg, FL 34788
- Multifamily properties
- 10 SF
- 1.67 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 10212 Cr-44
- Year built
- 1994
- Lot size
- 1.67 lot acres
- Property size
- 10 SF
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a 12-lot 55+ mobile home park situated on a spacious 1.67-acre lot at 10212 Cr-44, Leesburg, FL. Priced at $725,000, this established community offers immediate passive income potential. The park currently boasts 12 occupied lots, with the possibility of adding more, maximizing your return on investment. Each mobile home is equipped with its own septic system, maintained by the individual homeowner, minimizing operational overhead. A private well serves the entire park, ensuring a reliable water supply. Further enhancing revenue streams, the park includes RV slots complete with sewer hookups, maintained by the park owner. This low-overhead operation presents a unique opportunity for investors seeking a stable and potentially expanding income source in the thriving Leesburg, Florida market. The property's total area is 10 square feet. The existing infrastructure and established tenant base provide a solid foundation for continued growth and profitability. This is an ideal investment for those seeking a hands-off approach to generating significant passive income. The potential for expansion offers further opportunities to increase revenue and build long-term equity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.7874
- Latitude
- 28.8714
