10212 Cr-44Leesburg, FL 34788

Property Details for 10212 Cr-44

Year built

1994

Lot size

1.67 AC

Property size (Sq ft)

10 SF

Property type

Other multifamily properties

Property subtype

Residential income 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.

Location Insight

City

Leesburg

County

Lake

State

Florida

Latitude

28.8714

Longitude

-81.7874

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