Description
Garden Grove, Brooksville, Florida, 4- pad manufactured home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors.
Address
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Address: 18110 SPANGLER AVENUE
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City: Brooksville
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State/county: FL
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Zip/Postal Code: 34604
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Country: US
Details
Atualizado em março 27, 2026 no 7:16 pm-
Property ID TB8475792
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Price $429,000
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Property Size 2576 m²
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Land Area 0.9 m²
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Bedrooms 8
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Bathrooms 8
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Garage 1
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Garage Size x x
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Year Built 1992
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Property Type Modular Home, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
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Roof Metal
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Utilities Cable Connected,Electricity Connected,Phone Available,Sewer Connected,Water Connected
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Sewer Private Sewer
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Cooling Central Air
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Heating Electric
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Flooring Carpet,Laminate
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County Hernando
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Property Type Residential
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Elementary School Brooksville Elementary
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Middle School D.S. Parrot Middle
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High School Central High School
Mortgage Calculator
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