Residential Income Opportunity Multifamily Mobile Home in University Lakes, Miami, FL
Dont miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units:
Two units with 2 bedrooms and 1 bathroom each
Two units with 1 bedroom and 1 bathroom each
Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot
Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.
Income Overview
Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one.
Recent Improvements & Features:
Updated interiors with laminate flooring, fresh paint, and upgraded appliances
Bright, spacious units with large windows and functional layouts
Concrete driveway with parking for up to 4 cars
Low maintenance property thanks to recent renovations and updated systems
Durable aluminum siding exterior construction
Unbeatable Location University Lakes Community:
Peaceful setting with lakes, parks, playgrounds, and community pools
Family friendly and walkable neighborhood
Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation
Just minutes from shopping, dining, nightlife, and Miamis vibrant cultural scene
Enjoy the rich lifestyle that Miami and University Lakes have to offer
This is a rare opportunity to own a cash flowing, multi unit mobile home property in a high demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market.
Schedule your showing today and secure your next income generating asset!
Residential Income Opportunity Multifamily Mobile Home in University Lakes, Miami, FL
Dont miss this excellent residential income opportunity in the desirable University Lakes Mobile Home community. This property offers a unique and profitable investment with four separate rental units:
Two units with 2 bedrooms and 1 bathroom each
Two units with 1 bedroom and 1 bathroom each
Total living area: 1,456 sq ft on a 2,625 sq ft leasehold lot
Important Note: The land is not owned it is leased from the community HOA. Monthly expenses, including land lease, water, and electricity, are approximately $1,700.
Income Overview
Current monthly rent from all four units totals approximately $6,000, with an estimated net income of $4,300/month, providing strong and consistent cash flow from day one.
Recent Improvements & Features:
Updated interiors with laminate flooring, fresh paint, and upgraded appliances
Bright, spacious units with large windows and functional layouts
Concrete driveway with parking for up to 4 cars
Low maintenance property thanks to recent renovations and updated systems
Durable aluminum siding exterior construction
Unbeatable Location University Lakes Community:
Peaceful setting with lakes, parks, playgrounds, and community pools
Family friendly and walkable neighborhood
Conveniently located near FIU, the Turnpike, Publix, schools, and public transportation
Just minutes from shopping, dining, nightlife, and Miamis vibrant cultural scene
Enjoy the rich lifestyle that Miami and University Lakes have to offer
This is a rare opportunity to own a cash flowing, multi unit mobile home property in a high demand area with very low vacancy risk. Ideal for seasoned investors or those entering the Miami rental market.
Schedule your showing today and secure your next income generating asset!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Flooring: Laminate
Living Area: 1456.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Pool Features: Other
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: None
Pets Allowed: Yes
Sewer: Public Sewer
Utilities: Other
Amenities
Association Amenities: Basketball Court, Clubhouse, Playground, Pool, Recreation Facilities, Tennis Court(s)
Finance and Tax Information
Home Owners Association Fee Includes: Pool, Sewer, Trash
Home Owners Association Fee: 1145.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Microwave, Refrigerator
Association Name: Hometown America Communities
Association Phone: 305-226-4251
Country: US
Furnished: Unfurnished
Interior Features: Ninguno
Legal Description: 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2 OF
PB 35-21 LESS E 40FT & S 35FT
& W42.5FT FOR R/W
OR 19533-4927 0301 5 (2)
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