Home

Properties at The Real Estate Blvd ®

Property Description

PLEASE SEE ATTACHED PROPERTY BROCHURE FOR ALL DETAILS! This sale encompasses two addresses, in two different parts of town. On the northside of Lakeland are 7 mobile homes located at US 98 North and West Socrum Loop Road. The second location is at 711 Nashville Road at Old Tampa Hwy and Memorial Blvd. This location has two homes.

The current owner purchased the two assets and has been renovating the units. There is a tremendous amount of upside with this asset, as 4 units are vacant, and the remainder under market. The vacant units are ready to rent and market rates are strong currently.

The proforma scenario represents a 13.61 cap rate with conservative Pro-forma rent expectation at $116,900.

Features
Wall/window Unit(s)
Metal
Septic Tank
Address Map
FL
Polk
LAKELAND
33809
1025 W SOCRUM LOOP ROAD
0
W82° 1' 39.2''
N28° 9' 15.5''
1025 W Socrum Loop - US 98 North just north of Wilder Road on the east side. 711 Nashville Rd- Wabash to Old Tampa Hwy to address.
Additional Info
SAUNDERS REAL ESTATE, LLC
Craig Morby
Metal Frame
1
Crawlspace
265501549
285000014
Cash, Conventional
Completed
City Street, Main Throrughfare
No
$6,828
2024
Public, Well
RL4
04/08/2025 15:26:19
$0

    1025 W SOCRUM LOOP ROAD, LAKELAND, Florida 33809

    1025 W SOCRUM LOOP ROAD, LAKELAND, Florida 33809

    5,764 Sqft
    $675,000
    Listing ID #O6297700
    Basic Details
    Property Type : Commercial Sale
    Listing Type : For Sale
    Listing ID : O6297700
    Price : $675,000
    Square Footage : 5,764 Sqft
    Year Built : 1980
    Lot Area : 71,874 Sqft
    Standard Status : Active
    Building Area : 5,764 Sqft
    MLS Status : Active
    Property Type : Multi Family
    Agent Info
    Randall Ureña
    Contact Agent
    Mortgage Calculator
    $
    $ %
    years
    %
    $ %per year
    $ %per year
    $