Listing Tools

9.73% Cap Rate! The property consists of 16 park owned trailers, 1 house, 1 studio apt, and 3 retail units. All tenants are month to month - owner collects application fee, but no security deposits. Utilities are City water and sewer. Tenants pay for their own electricity with the exception of one (#10) who is billed at flat $150 per month. New Tampa Highway is to be widened in the near future and as such a taking by the FDOT will occur. This will affect the commercial/retail section of the property. It is highly expected that a settlement dollar amount will occur as a result of this event. When this eventually occurs, the retail section of the property will be converted to residential units. SEE PROPERTY BROCHURE ATTACHED FOR MORE DETAILS.
Listed by Craig Morby, COLDWELL BANKER REALTY

Property Details of 2965 New Tampa Highway

Property Details

Exterior Features

Other Details

Lakeland, FL Demographics

There is no data available

Lakeland, FL Real Estate Market Data

There is no data available

Lakeland, FL Schools

School NameDistanceTypeGrades

Map Location

Driving Directions

Based on information submitted to MFRMLS as of September 27, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: