$3,900,000
Cottondale, FL 32431
MLS# 782885
26240 sqft
1 / 14
Property Description
44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add Upside Rare 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.
Details
Maps
Contract Info
List Date: 2025-12-12
List Price: $3,900,000
List Price/SqFt: 148.63
Current Price: $3,900,000
Sub-Type: Income Producing
Location
Area: 09 - Jackson County
Street #: 2657
Street Name: Randall
Street Suffix: Lane
State: FL
Zip Code: 32431
County: Jackson
Sub Area: 0905 - Jackson - Campbellton/Graceville/Cottondale
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 30-5N-11-0000-0070-0000
Directions: Separate locations. Call listing agent.
Legal Description: OR 228 P 27 OR 273 P 590OR 317 P 771 OR 328 P 665OR 869 P 53 OR 1143 P 261 OR 1346 P 952 COMM AT NWC OF SECT, RUN E 1325.92 FT FT, S 518.42 FT, CONT S 630.39 FT TO E/LY EDGE OF CADDY RD TO BEGIN, RUN S 87* E 202.59 FT, N 88* E 217.20 FT, CONT N 88* E 44.52 FT TO W/LY RTWY OF HWY #231 SAID POINT BEING CURVE CONCAVE SE/LY, RUN SW/LY ALONG CURVE & RTWY 508.55 FT, S 27* W ALONG RTWY 208.67 FT, S 19* W
General Property Info
List Class: Residential Income
Construction Status: Construction Complete
Acreage: 10
SqFt Tot Bldg: 26240
Year Built: 1965
Status Change Info
Status: Active
Income Producing
Property Type: Multi-Family
Property Features
Financing: Cash
Offering Type: Sale with Lease
Pricing Type: Sale Price
Present Zoning: Resid Multi-Family
Sale Type: As Is
Utilities: Electricity - Connected; Private Well; Public Sewer - Connected; Water Connected; Septic Tank
Listing Office: Chipola Realty
Last Updated: December - 22 - 2025
Information deemed reliable but not guaranteed.