18110 Spangler Avenue

Garden Grove FL 34604

2576 sq. ft.

39000 sq. ft.

Duplex

Currently for sale - view listing

Overview

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. Local Bank financing available for purchase.