18110 Spangler Avenue, Brooksville, FL 34604

$424,000
2,576
SqFt

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List Price
$424,000
Status
Active
Days on Market
166
Price Change
▼ $5,000 1784929126
MLS#
TB8476394
Property Style
Quadruplex
Year Built
1992
Living Area
2,576
Lot Size
39,000
Acres
0.90
Total Acreage
1/2 to less than 1
Building Name
18110
Legal Subdivision Name
Garden Grove
MLS Area Major
Brooksville/Masaryktown/Spring Hill

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.

Additional Information

Taxes
$4003
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R1A
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Carpet, Laminate
Appliances
Electric Water Heater, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Metal Frame
Exterior Features
None
Roof
Metal
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport, 1 Car Garage
Garage Spaces
1
Elementary School
Brooksville Elementary
Middle School
D.S. Parrot Middle
High School
Central High School
Flood Zone Code
X
Parcel ID
R17-223-19-1780-0250-0020
Legal Description
GARDEN GROVE BLK 25 LOTS 2 3 4 5

Listing courtesy of REALTY ONE GROUP ADVANTAGE. 813-909-0909

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