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Description

This 67-unit mobile home park, with all units being park-owned, offers a rare lakefront setting on the highly sought-after Lake Julianna in Polk County, Florida. The property boasts stable income and has been under the same ownership for 27 years, reflecting a long-standing and well-managed investment. All units are connected to the City of Auburndale’s water and sewer systems and feature new or recently updated roofs and vinyl siding. This is a principal-only offering, and buyers are responsible for any broker commission on their side.

Listing Details

  • Cap Rate

    6.03%

  • EMD

    $500,000

  • Space Type

    multifamily

  • Sub Category

    rv-park

  • Date Listed

    7/18/2025

  • Ownership Info

    Fee Simple

  • Investment Type

    Stabilized

  • Net Operating Income

    $392,000

  • Parking Info

    67 Spaces

  • No of Pad Sites

    33

Property Specifics

  • Property Name

    21 Palms Resort Mhp on Lake Julianna

  • Property Class

    C

  • No of Buildings

    33

  • No of Stories

    1

  • No of Units

    67

  • Year Built

    1972

  • Lot Size

    4.19 AC

  • Year Renovated

    1990

  • Zoning

    C1

Property Amenities

Unit Amenities

Fenced Lot
Natural Light
Onsite Parking

Location Amenities

Commuter Rail
Public Transportation