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Mobile Home Park

7726 Gibsonton Drive

7726 Gibsonton Dr, Gibsonton, FL 33534

Listing Price: $1,700,000

Cap Rate
6.56%
Number of Spaces
16
Lot Size
2.48 acres
Occupancy
94.0%
Price/Space
$106,250
Spaces/Acre
6.45
Year Built
1974

Investment Overview

Marcus and Millichap is pleased to present Sandy's Mobile Home Park, a 16-lot all-age manufactured housing community located at 7726 Gibsonton Drive in Gibsonton, FL. The park has been stabilized from a period of elevated vacancy to 94% occupancy — a transition fully absorbed by the current ownership. A new buyer acquires a cash-flowing, income-producing asset from day one with zero lease-up risk. Current blended lot rents average approximately $700/month, with submarket-confirmed comps at $750–$850/month representing an achievable 21%+ rent growth trajectory requiring no capital investment, no repositioning, and no lease restructuring. All leases are month-to-month, meaning a new owner can begin capturing upside immediately upon closing.

Investment Highlights

  • Rapid Stabilization — 50–60% to 94% occupancy in six months— stabilization risk absorbed
  • Immediate Rent Upside — Blended lot rent of ~$700 vs. proven $750–$850 market; all MTM leases
  • Tampa Bay Market Tailwinds— The region's MHC's benefit from FL population growth and rising SFH and MF rents creating structural demand for affordable housing alternatives

Exclusively Listed By

Financing By

Mobile Home Park

7726 Gibsonton Drive

Listing Price: $1,700,000

Cap Rate
6.56%
Number of Spaces
16
Lot Size
2.48 acres
Occupancy
94.0%
Price/Space
$106,250
Spaces/Acre
6.45
Year Built
1974

Investment Highlights

  • Rapid Stabilization — 50–60% to 94% occupancy in six months— stabilization risk absorbed
  • Immediate Rent Upside — Blended lot rent of ~$700 vs. proven $750–$850 market; all MTM leases
  • Tampa Bay Market Tailwinds— The region's MHC's benefit from FL population growth and rising SFH and MF rents creating structural demand for affordable housing alternatives

Investment Overview

Marcus and Millichap is pleased to present Sandy's Mobile Home Park, a 16-lot all-age manufactured housing community located at 7726 Gibsonton Drive in Gibsonton, FL. The park has been stabilized from a period of elevated vacancy to 94% occupancy — a transition fully absorbed by the current ownership. A new buyer acquires a cash-flowing, income-producing asset from day one with zero lease-up risk. Current blended lot rents average approximately $700/month, with submarket-confirmed comps at $750–$850/month representing an achievable 21%+ rent growth trajectory requiring no capital investment, no repositioning, and no lease restructuring. All leases are month-to-month, meaning a new owner can begin capturing upside immediately upon closing.

Exclusively Listed By

Financing By

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