This 12 unit, mobile home park sits on 2.38 acres in Palatka, FL and offers investors an established income producing asset in a high demand affordable housing market. The park operates on well water and septic, helping keep operating costs manageable. With all rentable units currently occupied, the property delivers immediate cash flow and long term investment potential. The expansive acreage provides flexibility for future opportunities, subject to zoning and buyer verification. A compelling option for investors seeking stable returns in North Florida.
This 12 unit, mobile home park sits on 2.38 acres in Palatka, FL and offers investors an established income producing asset in a high demand affordable housing market. The park operates on well water and septic, helping keep operating costs manageable. With all rentable units currently occupied, the property delivers immediate cash flow and long term investment potential. The expansive acreage provides flexibility for future opportunities, subject to zoning and buyer verification. A compelling option for investors seeking stable returns in North Florida.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 7130.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Road Frontage Type: County Road
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 124668.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Legal Description: PT OF NE1/4 OF SW1/4 & PT OF NW1/4 OF SE1/4 OR334 P1881 (TRACT 3 FOREST HILLS NORTH)
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