28313 Us Highway 27Leesburg, FL 34748

Property Details for 28313 Us Highway 27

Year built

1952

Lot size

6.81 AC

Property size (Sq ft)

1,000 SF

Property type

Other multifamily properties

Property subtype

Residential income properties

Description

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.

Location Insight

City

Leesburg

County

Lake

State

Florida

Latitude

28.7587

Longitude

-81.8817

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