Call Us: (941) 900-6086 / info@b1realty.net
Call Us: (941) 900-6086 / info@b1realty.net
Overview
Property ID: HZO6297700
- Multi Family, Commercial Sale
- 5764
- 1980
Description
PLEASE SEE ATTACHED PROPERTY BROCHURE FOR ALL DETAILS! This sale encompasses two addresses, in two different parts of town. On the northside of Lakeland are 7 mobile homes located at US 98 North and West Socrum Loop Road. The second location is at 711 Nashville Road at Old Tampa Hwy and Memorial Blvd. This location has two homes.
The current owner purchased the two assets and has been renovating the units. There is a tremendous amount of upside with this asset, as 4 units are vacant, and the remainder under market. The vacant units are ready to rent and market rates are strong currently.
The proforma scenario represents a 13.61 cap rate with conservative Pro-forma rent expectation at $116,900.
Address
Open on Google Maps- Address 1025 W SOCRUM LOOP ROAD
- City Lakeland
- State/county FL
- Zip/Postal Code 33809
- Country US
Details
Updated on November 5, 2025 at 5:12 am- Property ID: HZO6297700
- Price: $675,000
- Property Size: 5764 Sqft
- Land Area: 1.65 Acres
- Garage Size: x x
- Year Built: 1980
- Property Type: Multi Family, Commercial Sale
- Property Status: Expired, For Sale
Additional details
- Listing Terms: Cash,Conventional
- Roof: Metal
- Sewer: Septic Tank
- Cooling: Wall/Window Unit(s)
- County: Polk
- Property Type: Commercial Sale
Mortgage Calculator
Monthly
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
Schedule a Tour
360° Virtual Tour
What's Nearby?
Powered by Yelp
Please supply your API key Click Here
