For Sale
$429,000

7213 Harney Rd Tampa, FL 33617

4 Units, High NOI, 13.4% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
134
This Tampa, Florida mobile home park presents a compelling investment opportunity. Located at 7213 Harney Rd, 33617, this fee-simple property comprises four mobile homes on a 0.6-acre lot, zoned PD for mobile homes. Built between 1970 and 1980, the park boasts 100% occupancy and a substantial net operating income (NOI) of $57,475, yielding a 13.40% capitalization rate. Each of the four single-story buildings is currently occupied by long-term tenants, providing a stable and reliable income stream. The property's strong financials, coupled with its location in Hillsborough County, make it an attractive proposition for investors seeking a stabilized, income-producing asset in a growing market. A significant portion of the lot (0.3 acres) is designated as wetlands, providing a natural buffer. An adjacent 10,000 sq ft waterfront lot is also available for purchase, offering potential for expansion or further development. This presents a unique opportunity to acquire a well-maintained mobile home park with significant upside potential. The asking price is $429,000.

Highlights

  • Four mobile homes in excellent condition, generating reliable rental income from long-term tenants.
  • 0.6-acre lot with 0.3 acres of wetlands providing a natural buffer; ample space for potential future enhancements.
  • Zoned PD for mobile homes, ensuring continued use and profitability.
  • $57,475 annual net operating income (NOI), yielding a 13.40% capitalization rate.
  • 100% occupancy with long-term tenants providing stable income; adjacent 10,000 sq ft waterfront lot available for purchase, offering expansion potential.

Property Details for 7213 Harney Rd

Property type
Mobile home & RV parks
Class
C
Year Built
1970
Buildings
4
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
4

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.0159083
Longitude
-82.3743461

FAQs

What type of property is this?
Mobile home & RV park - 4 Units, High NOI, 13.4% Cap Rate
Where is the mobile home & rv park located?
The property is located at 7213 Harney Rd Tampa, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Four mobile homes in excellent condition, generating reliable rental income from long-term tenants.; 0.6-acre lot with 0.3 acres of wetlands providing a natural buffer; ample space for potential future enhancements.; Zoned PD for mobile homes, ensuring continued use and profitability.
How can I contact the broker?
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7213 Harney Rd
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