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5158 C P KEEN ROAD

Commercial For Sale
$1,700,000

BTC: 56.66666667

ETH: 850.00000000

14 days
0 room(s)
2,193 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Premium Income-Producing Mobile Home Park — Turnkey | 9 CAP | Zero Vacancies | Tampa MSA. Located in the heart of Plant City, the Winter Strawberry Capital of the World, and just 20 minutes from Downtown Tampa, this exceptionally maintained income powerhouse sits on nearly 2 acres in a FEMA X Flood Zone — meaning no flood insurance required and a perfect long-term hold for any investor seeking stability + cash flow. This asset has been fully occupied for 4 straight years, with an immaculate tenancy record and over $200,000/year in gross rents, producing a consistent net of $150,000+ — delivering an impressive 8.8–9 CAP in one of the fastest-growing markets in Florida. Asset Mix & Improvements: This high-demand, low vacancy, park is fully rehabbed, stabilized, and built to operate smoothly with consistent cash flow for years. It has 8 Mobile Homes, fully renovated inside and outside, all roofs and floors replaced within the last 5 years; has 1 Large Single-Family Home with 4 Bedrooms/ 2 Bathrooms, and a large, fenced yard, exterior shed, and a brand-new AC unit; and 2 additional Studios. Major Infrastructure Upgrades (All Done for You): 2 New Septic Systems, Water Filtration System, New rewiring + updated piping (fully to code), Sheds and storage structures. All units have been fully rehabbed less than 5 years ago with zero deferred maintenance. No operational surprises, no flooding EVER (FEMA X Zone). Financials That Speak for Themselves: Gross Income: Slightly over $200,000/ year; Net Income: ~$150,000/ year, CAP Rate: ~9% Occupancy: Always 100%, Tenant history: 4+ years stable. This is a turnkey cash-flowing machine in the Tampa metro area — one of the strongest rental markets in the Southeast. Strategic Location: 20 minutes to Downtown Tampa, Easy access to I-4, Strong agricultural employment, Strong demand for affordable housing, Zero vacancy pressure, Perfect for long-term hedge against inflation! Please feel free to drive by the area to confirm location and surroundings — BUT DO NOT DISTURB TENANTS. Interior access to units will be granted only after a firm contract is signed with $50,000 escrow. Special Offer — Portfolio Discount: A similar Mobile Home Park in Zephyrhills (MLS #TB8450203) is available from the same owner. Buy both parks together and receive a $100,000 discount. Excellent opportunity for investors building a multi-park portfolio with instant scale, high yield, and low management friction. Summary: This is a rare, stabilized, turnkey, high-cash-flow MHP in a thriving Florida market with 100% occupancy, zero flood risk, fully rehabbed units, low maintenance, strong net returns, incredible upside in land value, and Portfolio expansion option with major discount! A truly hands-off investment that performs from day one.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1959
Lot:
1.88 Acres
Heating:
No Data
Price/sqft:
$775
Cooling:
Other
HOA:
No Data
All facts and features
  • Cooling

    • Other

  • Lot

    • Lot: 1.88 Acres

    Other Property Information

    • Parcel Number: U262821ZZZ00000372490.0

    • Zoning: AS-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $10,100

  • Source details

    • MLS ID: TB8450237

    Other facts

    • Construction Materials: Other

    • Foundation Details: Other

    • Living Area: 2193

    • Subdivision Name: UNPLATTED

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PINNACLE REALTY GROUP