Property Description
Garden Grove, Brooksville, Florida, 4- pad mobile home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 1 car attached
Heating: Electric
Lot Size: 0.90 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $4,003
Year Built: 1992
Square Feet: 2,576
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 42000.00
Appliances: Electric Water Heater, Range, Refrigerator
Days on Site: 41
Directions: From route 50 and 41 Brooksville turn left south for aprox 4 miles. Turn left on Spangler Ave and units are on the right side.
Exterior: Metal Frame
Flood Zone Code: X
Flooring: Carpet, Laminate
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Lot Dimensions: 0.9
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Private Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water: Private
Water Access Y/N: No
Zoning: R1A
Local Schools
High School: Central High School
Middle School: D.S. Parrot Middle
Elementary School: Brooksville Elementary
Listed By / Shown By
Listed By
Agency Name: REALTY ONE GROUP ADVANTAGE
Agency Contact: 813-909-0909
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 2,527.41 per month $2,068.70 Principal & Interest $333.58 Property Tax $125.13 Homeowner's InsuranceChange Payment Information
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18110 Spangler Avenue | MLS# TB8476394
This multi-family property located at 18110 Spangler Avenue, Brooksville, FL 34604 is currently listed for sale with an asking price of $429,000. Search Brooksville real estate on www.watsonrealtycorp.com today.