Enchanted Grove Mobile Home Park is a quaint all ages community nestled in the rolling hills of Lake Wales, Fl. There are a total of 144 sites in the park. 118 are mobile home and 26 are RV sites. Over the past 10 years the present owners have done extensive improvements to the park. The Clubhouse, pool and cabana area, and the laundry facility have been remodeled as well as the installation of over 70 mobile homes into the park. There are only 8 vacant spaces in the park and they maintain a 90+% occupancy. The income for the park is in excess of $52,000 per month and the 2013 and 2014 hard expenses have averaged $225,000 per year. The Owners have just installed a state of the art waste water treatment facility online as of February 2015. There has also been a $20.00 per month lot rental increase effective 1/1/2015.
Enchanted Grove Mobile Home Park is an excellent opportunity for an owner/operator or an investor looking to add to their portfolio with an operational income producing property.