5-Unit Mobile Home Property in Tampa Backup Rd. Tampa, FL. 33637
Situated on just under an acre of land, this income-producing property in Tampa, FL, features 5 rental units.
2/1 1,218 SQFT single family – 750/month
1/1 Mobile Home – 600/month
Land lease fee – 300/month (MH on lot does not convey)
5th Wheel RV – 400/month
2/2 Park model home – 650/month (property features central AC, stainless appliances, outdoor deck and patio area)
Electric is separately metered for all units. The water system includes two well pumps on the lot directly across the street that have been grandfathered in. The pump’s cistern was recently replaced, and system expenses include a 250/year licensing fee, $25 water testing per quarter, and $70 water testing every three years. Other expenses include a $400 trash fee each month. The property’s septic system includes both a 900 galloon and 300-gallon tank.
The property is currently grossing 2,700 per month with the current rental rates for each unit. However, with a little TLC, rents can be brought up to the market rate and this property should produce nicely for many years to come. Tampa Market, multi-unit properties are highly sought after!