Anchor and Coast Property Solutions LLC in partnership with Fuller Property Solutions LLC is pleased to present this wonderful mobile home park investment opportunity located in Pensacola, Florida. This stabilized asset offers strong in-place cash flow, long-term tenancy, verified low expenses, and multiple value-add levers through expansion and rent optimization.
Pensacola, FLPrice: $419,000 | Occupancy: 100% | Best & Final Offers Due: August 30, 2025
Turn-key, stabilized cash flow with expansion upside: three additional RV pads ready to activate within 90 days. Minutes to beaches, conveniences, and the home of the U.S. Navy Blue Angels.
Offering Overview:
Offering Price: $419,000
Property Type: Mobile Home Park with expansion potential
Occupancy: 100% (6 park-owned homes + 1 RV tenant)
Expansion Potential: 3 additional RV pads ready to activate with ~$5,000 in sitework
Current Rent Roll (As-Is Operations):
6 Park-Owned Units: $4,621/month
1 RV Tenant (Existing): $450/month
Total Current Income: $5,071/month ($60,852/year)
Updated Expenses (Verified):
Water (ECUA): $138.60/month
Trash (WastePro): $138.01/month
Street Light (FPL): $10.61/month
Lawncare: $135.00/month
Property Taxes: $1,565/year
Health Dept. License: $150/year
Total Operating Expenses: ≈ $517/month ($6,216/year)
Net Operating Income (As-Is):
Gross Income: $60,852/year
Expenses: $6,216/year
NOI: $54,636/year
Cap Rate (As-Is @ $419K Offering): 13.0%
Pro Forma – Expansion Scenario (Year 1+):
Add 3 RV Pads @ $700/month each = $2,100/month ($25,200/year)
Total Gross Income after expansion: $86,052/year
Expenses remain ≈ $6,216/year (plus $5,000 one-time site work in Year 0).
Pro Forma NOI (Post-Expansion): $79,836/year
Cap Rate @ $419K = 19.0%
Pro Forma – With 25% CapEx/Management Buffer:
Applying 25% reserve on gross income ($86,052 × 25% = $21,513)
Adjusted NOI = $79,836 – $21,513 = $58,323/year
Cap Rate @ $419K = 13.9%
Key Highlights:
Day One Cash Flow: Double-digit cap rate with current rents.
Expansion Upside: 3 additional RV pads can be activated quickly with only ~$5K insite work.
Low Expenses: Verified utilities, taxes, and licenses under $7K annually.
Value-Add Growth: Rents can be raised 10% annually.
Backstop Strategy: If any park-owned homes become uninhabitable, pads canimmediately be converted to lot rent @ $700/month + power, ensuring continuedincome.
Stability: Fully occupied with long-term tenants, including current RV tenantexpected to remain.
Close Proximity: Pensacola Beach, Perdido Key, Johnson Beach, and Orange Beach
Special Feature: Within the U.S. Navy Blue Angels practice zone
Accessibility: Seconds to Gulf Beach Highway, minutes to Downtown Pensacola and NAS
We reserve the right to accept an offer at any time prior to the Best & Final date. All information is deemed reliable but not guaranteed. Buyer to verify all facts, figures, and projections during diligence. Photos for illustrative purposes.
Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!
Call Today - Cory 919-341-1610 or James at 850-861-5700