Craig Morby
This listing was posted on RealtyWW.
$1,125,000
Home For Sale In Lakeland, Florida
Price:
$1,125,000
Location:
6065 Bay Ave Se, Lakeland, FL
Description:
TREMENDOUS INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131, 580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U.S., as the City sits in the middle of Tampa and Orlando on the I-4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131, 560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%For more details: https://realtyww.info/homes_lakeland-d525382/for-sale_i71732396
Property Type:
Single-Family Houses
Posted:
May 12 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Home For Sale In Lakeland, Florida
Home For Sale In Lakeland, Florida is a Single-Family Homes for Sale at 6065 Bay Ave Se in Lakeland FL. Find other listings like Home For Sale In Lakeland, Florida and listings near 6065 Bay Ave Se by searching Oodle Classifieds for Single-Family Homes for Sale in Lakeland FL.
Home For Sale In Lakeland, Florida is a Single-Family Homes for Sale at 6065 Bay Ave Se in Lakeland FL. Find other listings like Home For Sale In Lakeland, Florida and listings near 6065 Bay Ave Se by searching Oodle Classifieds for Single-Family Homes for Sale in Lakeland FL.