170 NE Craig Avenue, Lake City, FL 32055

Lake City
Local realty services provided by:ERA Advantage Realty, Inc.
170 NE Craig Avenue,Lake City, FL 32055
$950,000
  • 24 Beds
  • 24 Baths
  • 9,206 sq. ft.
  • Multi-family
  • Active
Listed by: thomas oldenborg
Office: re/max premier realty lady lk
MLS#:G5107036
Source:MFRMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$103.19

About this home

This o?ering presents a rare opportunity to acquire a **12-lot mobile home park** located in Lake City, Florida - one of North Florida's most reliable and in-demand a?ordable housing markets. The property o?ers a balanced mix of tenant-owned homes, rent-to-own contracts, and park-owned units, enabling predictable cash flow with built-in upside through unit renovations and rate optimization.The park is fully licensed, operating smoothly and supported by **recent infrastructure upgrades** , including a newly improved drain field and septic system, significantly reducing near-term capital expenditure risk. A current survey is available for buyer review. This asset is ideal for both first-time operators entering the mobile home park segment and experienced investors seeking a **low-maintenance, partially value-add park** in a growth market.

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Home facts

  • Year built:1994
  • Subdivision & Development:EAST LAKE CITY MHP
  • Listing ID #:G5107036
  • Added:253 day(s) ago
  • Updated:October 01, 2026 at 01:56 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Living area:9,206 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Roof:Metal, Shingle
  • Year built:1994
  • Building area:9,206 sq. ft.
  • Lot area:1.74 Acres
  • Construction Materials:Frame
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Water Connected, Well
  • Sewer:Private Sewer, Septic Tank

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$103.19
  • Tax amount:$9,766 (2025)

Features and amenities

  • Pool features:Public Pool
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