584 Fl-559 Auburndale, FL 33823
- Mobile home & RV parks
- 4.19 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 584 Fl-559
- Year built
- 1972
- Lot size
- 4.19 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This exceptional investment opportunity presents a 67-unit RV park situated on 4.19 acres of prime lakefront property on Lake Juliana in Auburndale, Florida. The property boasts 33 buildings, each with one story, constructed between 1972 and 1990, and features 67 parking spaces. All units are park-owned and benefit from city water and sewer connections. Recent upgrades include new or newer roofs and vinyl siding on all units. The property enjoys a stabilized income stream, reflected in a strong NOI of $392,000 and a 6.03% cap rate. With a 27-year history of ownership, this established business offers a secure investment with significant potential for future growth. The property is zoned C-=1 and is offered fee simple. Financial details are available upon request, subject to a non-disclosure agreement and proof of funds. This is a rare opportunity to acquire a well-maintained, high-performing RV park in a desirable location.
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
- Auburndale
- County
- Polk
- State
- Florida
- Longitude
- -81.7956
- Latitude
- 28.1365