1. Florida
  2. Madison
  3. 111 NE Purslane
$210,000

111 NE Purslane, Madison, FL 32340

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turnkey Mobile Home Park Investment Opportunity Discover a rare chance to own a well-maintained small mobile home park with stable cash flow and significant upside potential. This charming property features 10 mobile home lots on 5 acres of land, located in a quiet and accessible area close to local amenities, schools, and major highways. Property Highlights: 7 occupied pads with long-term tenants Private utilities - One Well and five septic systems, each septic designed to accommodate two mobile homes Low operating expenses and strong rental history Room for expansion or additional revenue streams (storage units, RV pads, etc.) Easy to manage with minimal maintenance required Investment Potential: This park provides consistent rental income with room for growth through rent increases, filling vacant pads, or upgrading units. It's a perfect fit for investors seeking passive income or portfolio diversification. Location Benefits: Nestled in a growing community with high rental demand, this park offers tenants a peaceful, affordable living environment while providing owners with long-term stability. Located less than 2 miles from beautiful Cherry Lake!

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Southern Land & Homes : 850-973-2200
MLS ID:
387461
  • Originating MLS: TBRMLS
  • County: Madison

This listing courtesy of Southern Land & Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Pinetta Elementary School

135 NE Empress Tree Ave, Pinetta, FL, 32350

Grades PK-5

2.50 miles away

M

Madison Creative Arts Academy Inc

2812 W US 90, Madison, FL, 32340

Grades KG-8

8.47 miles away

M

Madison Virtual Franchise

210 NE Duval Ave, Madison, FL, 32340

Grades KG-12

8.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.