$1,125,000
 $6,039 est/mo Sourced by Back At You

6065 Bay Ave SE , LAKELAND, FL 33812

LAKELAND, FL 33812

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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%

Details

MLS#O6203342
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1973
Days On Site153
Listing Provided BySVN SAUNDERS RALSTON DANTZLER REAL ESTATE | Craig Morby

Features

SQ Feet7,420
Story(s)1
Units13
ZoningRL4
Acreage1.52

Market Activity 33812

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 8, 2024 at 10:16:53 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPolk
CityLAKELAND
Zip Code33812
Area33812 Lakeland
Community NameHASKELL
Listing VS Median (in HASKELL)
Price:
$1,125,000
low | high
Med:
$1,125,000
50% of Average
SqFt:
7,420
low | high
Med:
7,420
50% of Average
$ / SqFt:
$152
low | high
Med:
$152
50% of Average
On Site:
153
low | high
Med:
153.000000
100% of Average
Sourced by Back At You
Listing Updated: August 20, 2024 at 10:12:42 PM PDT
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