5435 Lewellyn Rd Lakeland, FL 33810
- Mobile home & RV parks
Current Use by Public Records
- Templo Bethesda Casa De Misericordia Asamblea De Iglesias Cristianas Inc. / Religious Institution
- Country Villa / Indoor Lodging
- Taqueria San Miquel de Yuriria / Restaurant
- Art With Hart Ceramics / Tile Contractor
Property Details for 5435 Lewellyn Rd
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity presents a 46-unit mobile home park situated on a 4.25-acre lot in Lakeland, Florida, at 5435 Lewellyn Road, zip code 33810. Built in 1970, the park boasts a mix of single and double-wide homes, comprising 43 landlord-owned rental units, two resident-owned homes, and a commercial building. The property offers a stable income stream due to its long-term residents and convenient location near amenities, schools, and major roadways. An on-site manager ensures smooth operations, making this a turnkey investment. Resident amenities include locked mailboxes, shuffleboard courts, paved roads, and street lighting. The asking price for this established mobile home community is $5,800,000. This property presents a strong cash-on-cash return potential for investors seeking a stable and established income-generating asset in a desirable Florida location. The park's established infrastructure and resident amenities contribute to its appeal and long-term viability. This is a rare opportunity to acquire a well-maintained and profitable mobile home park in a growing market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -82.0219494
- Latitude
- 28.1122249