$1,700,000
30 WAFFORD ST, UMATILLA, FL 32784
ActiveProperty details
About this home
Rare opportunity to acquire an 17 unit mobile home park in the growing Lake County market, these 17 units are being offered as part of a larger (112-unit bundle housing portfolio package.) This Mobile Home Park is Located in the heart of Umatilla, this established community offers a strong mix of studio and 2-bedroom mobile home residences, creating stable in-place revenue with continued upside through future rent optimization and operational efficiencies. The property benefits from consistent workforce housing demand, affordable rental positioning, and proximity to Mount Dora, Eustis, Tavares, and the greater Orlando growth corridor, making it an attractive long-term hold for investors seeking durable cash flow and scale. As part of the 112-unit bundled portfolio offering, this asset gives buyers immediate scale, diversified rent roll exposure, and management efficiencies across multiple communities. The combination of affordable housing demand, strong occupancy fundamentals, and portfolio-level economies of scale creates a compelling opportunity for private equity groups, regional operators, and -focused investors. Whether acquired for immediate cash flow, strategic value-add improvements, or long-term portfolio expansion, this Umatilla asset represents a key piece of a larger Central Florida workforce housing investment strategy.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR786273956. Listing brokerage: REMAX SUNSTATE REALTY. Status: Active.
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