6323 Trouble Creek Rd

Off Market

6323 Trouble Creek Rd

Elfers FL 34653

3500 sq. ft.

26131 sq. ft.

Other

Last sold for $500,000

Stephen Hachey, last sold this property on 24 March 2026 after 61 days on market.

Overview

Bear Creek is a 9-pad hybrid manufactured housing and RV community located along Trouble Creek Road in New Port Richey, Florida. The property includes four fully renovated park-owned mobile homes and five RV pads, providing a mix of stable recurring income and seasonal flexibility. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $55,000, which reflects a 10.25 perc. cap rate at the asking price of $539,000. All 4 mobile homes were renovated between 2023 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. the park offers meaningful upside through potentially increasing RV occupancy, optimizing monthly RV rates, and implementing modest rent growth on the mobile homes. A pro forma stabilization scenario supports an estimated NOI of roughly $79,000, which places the long-term value of the park in the $880,000 to $1,060,000 range depending on assumed cap rates. Bear Creek benefits from a strong local market with persistent demand for affordable housing, steady employment bases, and consistent seasonal RV traffic. Small hybrid MH/RV parks in Pasco County are scarce, and comparable assets trade at higher each-pad values. Overall, Bear Creek is a turnkey investment with strong in-place cash flow, recently upgraded homes, and clear value-add potential. It is well suited for both first-time park investors and experienced operators seeking a small, manageable property with upside. RES12 Future Zoning gives the buyer the opportunity to develop this site in the future and add multiple SFH units.

Features

4 bedrooms

4 bathrooms

3500 sq. ft. floor area

26131 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 4 bedroom other properties sold in Elfers over the last 12 months.

Property history for 6323 Trouble Creek Rd

2026

Sold

$500,000

24 Mar 2026 by Stephen Hachey, of FLAT FEE MLS REALTY

2022

Sold

Undisclosed

08 Apr 2022 by MIKE DelGrande, of 1% LISTS CENTRAL FLORIDA

2022

Sold

$282,000

08 Apr 2022 by Frank Ubaldini, of KELLER WILLIAMS GULFSIDE RLTY

Happy sellers in Elfers

79%

79% of sellers in Elfers reported that their sale price either exceeded or met their price expectations.

Elfers stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Elfers over the last 12 months.

Local market activity for 4 bedroom other properties in Elfers

Sold

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Nicholas Shoemaker

at INSPIRED REALTY, LLC

(119 reviews)

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Brandi Smith

at LPT Realty Lake Mary

(11 reviews)

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Tiffany Prete

at FLORIDA LUXURY REALTY INC

(5 reviews)

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Shenille Ford

at VREELAND REAL ESTATE LLC

(14 reviews)

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Nicholas Shoemaker

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