1335 Bell Ave, Lakeland, FL 33805
- Mobile home & RV parks
- 1.24 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 1335 Bell Ave
- Year built
- 1967
- Lot size
- 1.24 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
- APN
- 23 28 10 000000 023018
Description
This exceptional 13-space RV park in Lakeland, Florida presents a compelling investment opportunity. Situated on 1.24 acres at 1335 Bell Ave, Lakeland, FL 33805 (APN: 23 28 10 000000 023018), this fee-simple property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $129,414. The park features 13 spaces and 10 mobile home units, all operating under lease-to-own agreements. Built in 1967 and zoned Commercial-Industrial, the park offers city water and septic, along with individual electric meters and septic tanks for each space. The current gross revenue stands at $154,788, yielding a 10.78% capitalization rate at the asking price of $1,200,000. Long-term seller financing is available, making this a turnkey operation ideal for investors seeking a strong return and significant cash flow. This well-maintained property represents a rare opportunity in the thriving Lakeland market.
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Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.995664
- Latitude
- 28.0616191
