18110 Spangler Avenue, Brooksville, FL 34604
- $424,000
- 2,576
- SqFt
- List Price
- $424,000
- Status
- Active
- MLS#
- TB8476394
- Price Change
- ▼ $5,000 1784929126
- Property Type
- Quadruplex
- Living Area
- 2,576
- Lot Size
- 39,000
- Region
- Brooksville/Masaryktown/Spring Hill
- Area
- 2576
- County
- Hernando
- Acres
- 0.90
- 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
- Roof
- Metal
- Land Type
- No Deed Restriction
- Appliances
- Electric Water Heater, Range, Refrigerator
- Zoning
- R1A
- Lot Size
- 39,000
- Construction
- Metal Frame
- Year Built
- 1992
- Building Name
- 18110
- Sewer
- Private Sewer
- Heating
- Electric
- Subdivision
- Garden Grove
- Living Area
- 2,576
- Style
- One Story
Listing courtesy of REALTY ONE GROUP ADVANTAGE. 813-909-0909
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