2965 New Tampa Highway
LAKELAND, FL 33815

Description

Lakeland mobile home park for sale on busy New Tampa Highway near several Publix offices and facilities. 16 current park owned mobile home units plus strip mall fully rented with 3 tenants. There are 3 additional available spaces available at the site, plus a 900 square foot house being readied to rent. A full breakdown of the financials and rent are available in the property brochure. 16,600 cars daily along New Tampa Highway, and DOT plans to widen the road in 2021, which could result in a financial settlement. Projected cap rate for 2018 is 12%.

Details

MLS#L4901336
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site6

Features

SQ Feet11,317
Story(s)1
ZoningI-1

Market Activity 33815

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Area Information

StateFL
CountyPolk
CityLAKELAND
Zip Code33815
Area33815 - Lakeland
Listing VS Median (in 33815)
Price:
$745,000
low | high
Med:
$85,000
100% of Average
SqFt:
11,317
low | high
Med:
3,680
100% of Average
$ / SqFt:
$66
low | high
Med:
$23
100% of Average
On Site:
6
low | high
Med:
132
4.545454545455% of Average
Listing Updated: 06/17/2018
MLS Number: L4901336
Listing Provided By:
Craig Morby  of  COLDWELL BANKER RESIDENTIAL RE

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