The Premier Source for Commercial Real Estate

Enchanted Grove Mobile Home Park is a quaint all ages community nestled in the rolling hills of scenic Lake Wales, Fl. There are a total of 144 sites in the park. 118 sites are mobile home and 26 are RV sites. Over the past seven years the present owners have done extensive improvements to the park. The Clubhouse, pool and cabana area, and the laundry facility have been remodeled as well as the installation of over 50 homes into the park. There are only 9 vacant sites in the park and they maintain a 90+% occupancy ratio. The PGI for the park is $600,000+/- with the actual income for 2011 as $564,000 and the expenses were $199,000. Enchanted Grove is an excellent opportunity for an owner/operator or an investor looking to add to their portfolio with an operational income producing property.