18110 Spangler Avenue, Brooksville, FL 34604

$424,000
2,576
SqFt

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List Price
$424,000
Price Change
▼ $5,000 1784929126
MLS#
TB8476394
Sq. Ft
2,576
Lot Size
39,000
Subtype
Quadruplex
County
Hernando
Community
No Deed Restriction
Subdivision
Garden Grove
Region
Brooksville/Masaryktown/Spring Hill
Year Built
1992

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

Heating
Electric
Cooling
Central Air
Roof
Metal
Sewer
Private Sewer
Exterior Features
None
Construction
Metal Frame
Living Area
2,576
Elementary School
Brooksville Elementary
Middle School
D.S. Parrot Middle
High School
Central High School

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

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