Investment Overview

Marcus & Millichap is proud to present the opportunity to acquire Morning Star Mobile Home Park in Ruskin, FL. Comprised of 32 lots and located on 4.7 acres of land, the park is serviced by a private water and septic, which is not directly billed to the tenants, allowing for some incredible value add potential. The property is 3 miles from the bay and a 30 minute drive from downtown Tampa, which has seen a 15% growth in the last 10 years. Proximity to a metropolis with a population of 3 million makes this an ideal investment for buyers looking for long term housing demand and rent growth. This property is offered in conjunction with The Grove Tallahassee Mobile Home Park in Tallahassee, FL and Sunshine City Mobile Home Park in St. Petersburg, FL. The full portfolio offers the rare opportunity for value add-potential and strong cashflow in two highly desirable markets. All of these properties are desirable on their own, but as a portfolio, this a unique opportunity to acquire 388 lots in large density MSAs. And while the preference is to sell as a portfolio, they are also available on an individual basis.