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28313 Us Highway 27 Leesburg, FL 34748

Multifamily properties Google Maps
1,000 SF 6.81 ac lot Built 1952
28313 Us Highway 27, Leesburg, FL 34748 For Sale
$2,500,000 1,000 SF
28313 Us Highway 27, Leesburg, FL 34748
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Estimated value
No estimation on file for this property yet.
Property ID US18-2933671

Property summary

AI-generated overview

This exceptional 6.81-acre investment opportunity in Leesburg, Florida, presents a thriving 41-unit mobile home and RV park. The property boasts a mix of park-owned, tenant-owned, and investor-owned mobile homes, along with two apartments and a dedicated office. Currently operating with 41 lots, there's significant potential to expand to 69 pads. The park features a gated entrance, caters to a 55+ community, and benefits from a substantial waiting list for RV spots. Existing infrastructure includes a well and septic system, although city water and sewer are readily accessible at the curb. Park-owned mobile homes have undergone recent renovations, featuring updated amenities such as mini-split HVAC systems and solid countertops. Additional amenities include on-site laundry facilities, mature canopied trees, a fenced perimeter, and dual entrances for convenient access. The property currently generates a Net Operating Income (NOI) of $230,000. The on-site manager expresses a strong desire to remain, ensuring continued smooth operations. This turnkey investment offers a compelling blend of established income and substantial growth potential. The property includes 28 park-owned mobile homes, 13 tenant-owned mobile homes, 15 investor-owned mobile homes, 13 recreational vehicle spaces, and 2 apartments within a house. One additional RV space is currently occupied by the owner. This is a rare opportunity to acquire a well-maintained and highly profitable mobile home park in a desirable location.

Property profile

Verified
Property type Multifamily properties
Year built 1952
Total area 1,000 SF
Lot 6.81 ac (296,644 SF)
UPID US18-2933671

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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