The park is conveniently located near various attractions in Northwest Florida, including Pensacola beaches, the City of Pensacola, waterparks like Splash City Adventures and Shipwreck Island Waterpark, and nature parks such as Tarkiln Bayou Preserve State Park and Topsail Hill Preserve State Park Much more.
Streamlined investment opportunity in the heart of the Florida Panhandle. This 14-site MH & RV park for sale has consistently high occupancy (85%+) due to its central location attracting long-term tenants. Fully managed and meticulously maintained, this property offers a truly passive income stream, ideal for regional or out-of-state investors.
FINANCIAL OVERVIEW (CURRENT & POTENTIAL ROI)
Current ROI: 8.33 years based on current rents.Potential ROI with Rate Increase: 6.78 years if rents are adjusted to market rates.Potential ROI with Expansion: 4.66 years if the property is expanded with 6 additional RV rental spots (excluding remodeling and septic expansion costs). This property presents a solid opportunity for an entrepreneur looking for a straightforward, income-generating RV and mobile home park with clear avenues for increased profitability.
Turnkey Operation
The park includes management in place, making it an attractive option for regional or out-of-state buyers seeking remote oversight. Rent collection is automated, with deposits made directly into the owner’s account.
Income Growth Potential
There are clear opportunities to increase revenue. Current rents are below market rates, and a 15-20% rate increase is possible to align with market values.
Expansion Opportunities
The property offers potential for growth. An existing mobile home lot can be converted into two RV sites, and there is an adjacent property that, if acquired, could allow for up to 10 RV pads per acre, subject to county approval. Additionally, 12.52 acres behind the park could be purchased for further expansion.
Strong Occupancy and Tenant Base
The park has a 100% occupancy rate with tenants who have a history of reliable payments.
Well-Maintained Property
The property has seen recent upgrades, including the conversion of a mobile home lot into RV spots and deferred maintenance addressed on all park-owned mobile homes within 18 months of acquisition.
Utilities in Place
The park is serviced by city water and a septic/drainfield system. All sites are metered for electricity.
Year-Round Operation
The park is open year-round, ensuring continuous income potential.
