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Harry W Price III

harry.price@engelvoelkers.com +1(386) 302-9708

$ 429,000

Est. payment -/mo

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18110 SPANGLER AVE Brooksville, FL 34604

8 Beds

8 Baths

2,576 SqFt

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $166

Subdivision Garden Grove

MLS Listing ID TB8475792

Bedrooms 8

Full Baths 4

Half Baths 4

HOA Y/N No

Year Built 1992

Annual Tax Amount $4,003

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Manufactured Home

Source Stellar MLS

Property Description

Garden Grove, Brooksville, Florida, 4- pad manufactured home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors. Please respect Tenants privacy and do not disturb them. All showings must be scheduled with listing realtor to show.

Location

State FL

County Hernando

Community Garden Grove

Area 34604 - Brooksville/Masaryktown/Spring Hill

Zoning R1A

Interior

Interior Features Ninguno

Heating Electric

Cooling Central Air

Flooring Carpet, Laminate

Furnishings Furnished

Fireplace false

Appliance Electric Water Heater, Range, Refrigerator

Laundry Inside

Exterior

Exterior Feature None

Garage Spaces 1.0

Utilities Available Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Metal

Attached Garage true

Exposure North

Garage true

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Private Sewer

Water Private

Unit Floor 1

Structure Type Metal Frame

New Construction false

Schools

Elementary Schools Brooksville Elementary

Middle Schools D.S. Parrot Middle

High Schools Central High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8475792

Listed by David Jordan REALTY ONE GROUP ADVANTAGE

NEARBY SCHOOLS & PROPERTIES

Harry W Price III

Broker Associate | License ID: BK3448457

+1(386) 302-9708

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