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MLS# 782885

Status: Active
2657 Randall Lane
Cottondale, FL 32431
$3900000.00

County: Jackson
Year Built: 1965
Area: 09 - Jackson County
SqFt Tot Bldg: 26240.00
Acreage: 10.00
Subdivision: [No Recorded Subdiv]
Waterfront: No
(850) 526-1781


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44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add UpsideRare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential.The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream.According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.
Parcel ID:30-5N-11-0000-0070-0000
Community/Resort:None
Sub Area:0905 - Jackson - Campbellton/Graceville/Cottondale
Cumulative DOM:72
Days On Market:82
Active Development Order:No
Present Zoning:Resid Multi-Family