Home Details for 801 N Leo Avenue

This 8.7 MOL acre mobile home park offers immediate cash flow and substantial upside for the right investor. Last Months rent rolls total $10,685, with 15 owner-owned units, including six 2024 models. Four of the 2024 units are awaiting final permitting and, once online, are projected to rent for $1,250/month each, adding significant income potential. The property also features approximately 30 additional vacant lots ready for future development or lot rentals, with local market lot rents ranging from $350–$500/month. Beyond the housing expansion opportunities, the site includes a large pond that, with proper maintenance and improvements, could become a unique amenity and further enhance the park’s appeal and value. With its combination of stable income, modern units, and ample room for growth, this asset is positioned for strong returns both now and in the long term.