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!
Property Location and Similar Properties
All
Similar
Features
Appliances
Microwave
Refrigerator
Association Amenities
Basketball Court
Clubhouse
Playground
Pool
Recreation Facilities
Tennis Court(s)
Home Owners Association Fee
1145.00
Home Owners Association Fee Includes
Pool
Sewer
Trash
Association Name
Hometown America Communities
Association Phone
305-226-4251
Carport Spaces
0.00
Close Date
0000-00-00
Cooling
Wall/Window Unit(s)
Country
US
Covered Spaces
0.00
Exterior Features
Other
Flooring
Laminate
Furnished
Unfurnished
Garage Spaces
0.00
Heating
None
Insurance Expense
0.00
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)