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18110 Spangler Ave, Brooksville, FL, 34604

8beds
8baths
2,576sqft
$429,000
$167price/sqft
$2,883/moest. monthly cost
$115,320/yrincome needed

About This Home

Garden Grove, Brooksville, Florida, 4- pad manufactured home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
Moton Elementary SchoolGrades PK-54.9 mi
2/10
Hernando High SchoolGrades PK,6-126.5 mi
5/10

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Frame

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Range,Refrigerator
  • Laundry features: Inside

Bathroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 120
  • Dimensions: 10x12

Bathroom2

  • Features: Built-in Closet
  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • None
  • Flooring: Carpet,Laminate

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,576
  • Total interior livable area: 2,576 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Features: Storage Closet
  • Level: First

Primary Bedroom

  • Features: Storage Closet
  • Level: First

Property

Details

  • Parcel number: R1722319178002500020
  • Zoning: R1A
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 0.90 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached,Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1