For Sale
$1,360,000

15520 Madeline DrHudson, FL 34667

10 Units, 9.34% Cap Rate, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 10-unit mobile home park presents a lucrative investment opportunity in Hudson, Florida. Located at 15520 Madeline Dr, in Pasco County, this property sits on a one-acre lot (zoned AR) and boasts a strong net operating income (NOI) of $127,000, yielding an attractive 9.34% capitalization rate. The asking price is $1,360,000. The park features well-maintained and renovated units, providing immediate cash flow and potential for future appreciation. An on-site laundry facility adds to the convenience and income potential for residents. This is a turnkey operation ideal for a passive income investor seeking a stable and profitable investment in the thriving Florida market. The property's strong performance metrics and desirable location make it a compelling investment opportunity. Note that an additional mobile home park is also available, presenting potential for portfolio expansion. This is a rare opportunity to acquire a well-established, income-producing asset in a desirable location. Serious inquiries only.

Highlights

  • 10-unit mobile home park in Hudson, FL, offering a strong NOI of $127,000 and a 9.34% cap rate.
  • Located on a one-acre lot (AR zoning) at 15520 Madeline Dr, Pasco County.
  • Asking price: $1,360,000.
  • Features well-maintained units and an on-site laundry facility.
  • Turnkey operation with immediate cash flow and potential for appreciation.
  • Additional mobile home park available for portfolio expansion.

Property Details for 15520 Madeline Dr

Property type
Mobile home & RV parks
Lot Size (sq. ft)
43,560 SF
Units
10

Location Insight

City
Hudson
County
Pasco
State
Florida
Latitude
28.383292284905
Longitude
-82.653302932494
15520 Madeline Dr, Hudson, Florida

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15520 Madeline Dr
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