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904 N Kingsway Rd
Seffner, FL 33584 Southeast Tampa

Price Upon Request

Manufactured Housing Mobile Home Park For Sale  •  38,963 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 38,963 SF
  • Lot Size 5.9 AC
  • Building Class C
  • Year Built 1960
  • Zoning mhp
0 Transit Score
30 Walk Score

Highlights

(44-UNIT) MOBILE HOME PARK IN SEFFNER, FL! 14-UNIT GATED MOBILE HOME PARK (LITTLE PEPPER) WITH AN ADDITIONAL 30 UNITS, ALL WITHIN A 3-MILE RADIUS!
AMAZING SELLER FINANCING AVAILABLE! EACH OF THE ADDITIONAL 30 UNITS IS SITUATED ON ITS OWN LOT WITH FRONT AND BACK YARD!
SELLER FINANCING TERMS: DOWN PAYMENT: $3,300,000 FIXED IR! YEAR 1-2: 5%, YEAR 3: 5.5%, Year 4-5: 6%. INTEREST-ONLY PAYMENTS AND 5 YEAR BALLOON!
10% CAP RATE IN PLACE! 13% CASH-ON-CASH RETURN IN PLACE! 11% CAP RATE IN 2026! 15% CASH-ON-CASH RETURN IN 2026!
ALL UNITS HAVE BEEN RENOVATED IN THE LAST 3-5 YEARS! 100% OCCUPIED! EXTREMELY LOW RENTAL RATES IN PLACE, GIVING THE BUYER MASSIVE UPSIDE!
SHORT-TERM LEASES IN-PLACE, ALLOWING THE BUYER TO RAISE RENTAL RATES INSTANTLY! CURRENT RENTAL RATES APPROXIMATELY $100-$200 BELOW THE MARKET AVERAGE!

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Microwave
  • Property Manager on Site
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Gated
  • Heating
  • Furnished Units Available
  • Gas Range
  • Smoke Free
  • Wi-Fi
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Deck
  • Freezer
  • Lawn
  • Patio
  • Porch
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Private Bathroom
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Tampa International 29 min - 20.6 mi
St Pete-Clearwater International 40 min - 29.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 85
Type: Surface
Included in Rent: Yes