950 Sidney St
25-unit mobile home park in St. Augustine, Florida, priced upon request. The 2.5-acre, RS-3 zoned property includes all land, 25 mobile homes, and one storage trailer, currently operating at 88% occupancy with over $29,500 in monthly gross rents. Built in 1984 across 24,175 SF, the asset presents multiple value-add paths: continue stabilized operations, expand with new homes, or redevelop in stages while collecting income from remaining units.
The park sits near St. Augustine's Historic District, fine dining, casual restaurants, and retail, with convenient access to bus lines and commuter rail. Many units are outdated and require repairs, creating a clear opportunity to renovate or replace homes and raise rents to market rates. Unit amenities include air conditioning, 24-hour access, and fenced lots.
- 88% occupancy with $29,500+ monthly gross rents
- Multiple value-add strategies: stabilize, expand, or phased redevelopment
- 2.5 acres, RS-3 zoned for residential uses
- Near Historic District, dining, retail, and transit access
- Renovation and replacement upside on outdated units
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Features & amenities
Location
A unique opportunity to purchase a potential cash cow in one of the fastestgrowing markets in Florida. This sale includes the land, 25 mobile homes, and one storage trailer. The property currently operates as a cash-flowing mobile home park, presenting the buyer with the chance to continue operations, expand with new homes, or redevelop in stages while collecting income on the remaining homes. The property consists of 2.5 acres, all zoned residential (RS-3), which can also accommodate other residential uses. This property is conveniently located near St. Augustine's famous Historic District, fine dining and casual restaurants, and many other retailers and sightseeing.
- The property is currently operating at roughly 88% occupancy
- and averaging over $29.5K in monthly gross rents
- Many units are outdated and in need of repairs; presenting
- options at renovation and/or partial replacements to boost
- rents to market rates