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Property profile & analytics
FOR SALE
Mobile home & RV parks

12300 Old Kings Rd Jacksonville, FL 32219

1.57 ac lot
Property ID
US18-4439670
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9-lot RV park in Jacksonville, Florida's rapidly growing Northwest quadrant, poised for expansion to 12 lots. Currently operating at 66% occupancy (as of April 1, 2024), the park boasts a projected 2024 gross rent of $64,700. All lots are month-to-month rentals, allowing for flexible pricing and efficient revenue growth. The park features minimal expenses due to tenant-owned RVs and a well and septic system, eliminating significant maintenance and utility costs for the owner. Tenants cover their own electricity. The seller is offering financing options. Financial details and rent rolls are available upon request with a non-disclosure agreement. Located on 1.57 acres at 12300 Old Kings Rd, Jacksonville, FL 32219, this property offers a compelling value-add opportunity with significant upside potential. The asking price is $650,000, translating to approximately $72,222.22 per pad. This is a stabilized, value-add investment with a strong potential for increased profitability. The expansion is nearly complete, with three pads currently offline for reconfiguration to accommodate the additional three lots.

Property profile
Verified
Property type Mobile home & RV parks
Lot 1.57 ac (68,389 SF)
UPID US18-4439670
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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