MHRE Inc. Presents Lakeland Village MH/RV located in Lakeland, Florida

Lakeland Village Built in the 1960’s, the investment opportunity consists of a mix of 35 RV sites and 31 MHP sites. The community is in the shape of a square with the mobile home sites on the exterior and the RV sites on the interior. The communities curb appeal is currently average, but with a vision and minimal capital could be very desirable for RV’s which is where the majority of the vacancy is currently. The community has a nice office at the entrance along with shuffle board courts that need some work, a clubhouse, a basketball hoop, bath house and picnic tables for RV’s. The roads are asphalt and the majority of the sites currently have concrete pads in place for easy set up. The property is serviced by city water and sewer which is direct billed to the MH sites and included in the RV site rent. The roads are in average condition.

Community Highlights

Excellent layout with mobile homes on the exterior and RV sites on
the interior
Serviced by city water and sewer
Curb appeal can be easily enhanced with vision and a minimal
amount of capital
Curb appeal can be easily enhanced with vision and a minimal
amount of capital
Nice office, clubhouse and amenities
Pads currently in place on RV sites

Investment Summary

Year Built 1960’s
Park Size 4.35+ acres
Classification 2 Star
Average Rent/Site MH/RV $275/$425
Number of Sites MH/ RV 31/35
Vacant Sites MH/RV 0/31
Occupied Sites MH/RV 31/4
Occupancy MH/RV 100%/11.4%
Density 15.17
Total Price Unpriced
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