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About This Home

This 24-bedroom, 0-bathroom residential multi family at 170 NE CRAIG AVENUE in Lake City, FL is listed for $950,000 ($103 per sqft). Built in 1994, the home offers 9,206 sqft of living space on a 1.74 acres lot.

Agent Description

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.

Key Features

  • Built in 1994
  • 1.74 acre lot

Property Details

1994

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

170 NE CRAIG AVENUE

Lake City, FL 32055

EAST LAKE CITY MHP

Features & Amenities

Interior Features

Ninguno

Property Details

Construction

Frame

Heating

Electric (Heating)

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 24-bedroom, 0-bathroom residential multi family at 170 NE CRAIG AVENUE is listed at $950,000 ($103/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1994, 1.74 acre lot. Interior Features: Ninguno.

This property is listed by Thomas Oldenborg and can be reached at 8454160732 or t.oldenborg@gmail.com.

TO

Thomas Oldenborg

Agent at RE/MAX PREMIER REALTY LADY LK

(845) 416-0732

Listed by RE/MAX PREMIER REALTY LADY LK · View on Broker Site

MLS# G5107036· Source: listhub· Updated 132 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

170 NE CRAIG AVENUE, Lake City, FL 32055

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