Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2001
Sq.Footage
N/A
Excellent investment opportunity in the rapidly growing Gibsonton area! This well-maintained mobile home community sits on just over 10 acres and includes 20 single-wide units and 1 double-wide unit. The property is clean, organized, and has been consistently cared for, offering a stable tenant base and strong rental potential. Professional property management in place since the seller acquired the property. Annual gross rents at time of purchase (February 2020) were approx. $180,000 and rents were collected weekly. 2025 projected annual gross income is $326,400 and there are no weekly rentals!!! There are 5 original tenants, all other units have been updated with appliances, flooring etc. (and increased rents of course). The buyer can leave these tenants in place or vacate, renovate and increase rents that will of course increase gross annual income even more! The interiors and exteriors have been maintained as needed, installing roofs, ac’s, water heaters etc. This is not your typical mobile home community where the owner has deferred maintenance. This is an opportunity to purchase a turnkey mobile home community and be 100% hands off. The track record speaks for itself! Located near major roadways, shopping, and ongoing area development, this community presents a great opportunity for both seasoned investors and those looking to expand their portfolio. With room for potential rent increases or future improvements, this is a turnkey income-producing asset in a high-demand market. Don’t miss your chance to own a rarely available mobile home park in this desirable location.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
10.13
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,249,900
-
Tax Amount
21658.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Corporation
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Location
County
Hillsborough
Elementary School
Middle School
High School
Listing Courtesy of John Simone , BAY AREA REAL ESTATE & RENTALS
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MichaelGraf
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