Heather Jaxheimer-Mills
BEDS0
BATHS
SQUARE FEET2,576
MLS#TB8476394
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGARDEN GROVE
Property Description
This 4-pad manufactured home and RV community in Garden Grove (Brooksville, FL) delivers reliable, passive income with an approximate NOI of $42,000 and a 9 CAP rate. The property features four fully renovated, park-owned homes, ensuring minimal maintenance and steady tenant retention. Highlights: Turnkey Investment: All of the homes were beautifully renovated between 2020 and 2025, featuring new kitchens, baths, flooring, electrical systems, and HVAC units. Stable Cash Flow: Strong in-place rents with great local rental demand, drastically reducing your operating risk. Excellent Location: Situated right off Highway 41, providing seamless commuting and easy access to major regional routes.Local Area, Stores & Attractions: Situated in Florida's Adventure Coast, the community benefits from a mix of quiet natural beauty and everyday conveniences.Everyday Shopping: Groceries and daily errands are incredibly easy, with Publix Supermarket at Brooksville Square and Walmart Supercenter just minutes away.Dining & Entertainment: Residents can enjoy local favorites like the ?Florida Cracker Cook Shack or grab a casual bite at ?Drew's American Grill.Attractions: The area is known for its rich history and outdoor recreation, including the historic Chinsegut Hill Manor and beautiful nature trails at Tom Varn Park. Note: Please respect the tenants' privacy and do not disturb them. All property viewings must be scheduled in advance with the listing realtor.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 1 car attached
Heating: Electric
Lot Size: 0.90 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $4,003
Year Built: 1992
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 42000.00
Appliances: Electric Water Heater, Range, Refrigerator
Days on Site: 165
Directions: From route 50 and 41 Brooksville turn left south for aprox 4 miles. Turn left on Spangler Ave and units are on the right side.
Exterior: Metal Frame
Flood Zone Code: X
Flooring: Carpet, Laminate
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Lot Dimensions: 0.9
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Private Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water: Private
Water Access Y/N: No
Zoning: R1A
Local Schools
High School: Central High School
Middle School: D.S. Parrot Middle
Elementary School: Brooksville Elementary
Listed By / Shown By
Listed By
Agency Name: REALTY ONE GROUP ADVANTAGE
Agency Contact: 813-909-0909
Shown By
Agent Name: Heather Jaxheimer-Mills
Agent Phone: Cell: (813) 335-8080
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,400.89 per month $943.64 Principal & Interest $333.58 Property Tax $123.67 Homeowner's InsuranceChange Payment Information
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18110 Spangler Avenue | MLS# TB8476394
This multi-family property located at 18110 Spangler Avenue, Brooksville, FL 34604 is currently listed for sale with an asking price of $424,000. Search Brooksville real estate on www.jaxteamtampa.com today.