Commercial Land for Sale in Madison, Florida
111 NE Purslane St, Madison, FL 32340
Turnkey Mobile Home Park Investment Opportunity
Discover a rare chance to own a well-maintained small mobile home park with stable cash flow and significant upside potential. This charming property features [insert number] mobile home lots on [insert acreage] acres of land, located in a quiet and accessible area close to local amenities, schools, and major highways.
Property Highlights:
7 occupied pads with long-term tenants
Private utilities - One Well and five septic systems, each septic designed to accommodate two mobile homes
Low operating expenses and strong rental history
Room for expansion or additional revenue streams (storage units, RV pads, etc.)
Easy to manage with minimal maintenance required
Investment Potential:
This park provides consistent rental income with room for growth through rent increases, filling vacant pads, or upgrading units. It's a perfect fit for investors seeking passive income or portfolio diversification.
Location Benefits:
Nestled in a growing community with high rental demand, this park offers tenants a peaceful, affordable living environment while providing owners with long-term stability. Located less than 2 miles from beautiful Cherry Lake!
Don't miss this unique opportunity to own a piece of the affordable housing market. Contact us today for full financials, rent rolls, and to schedule a private showing.
Location
- Street address
- 111 NE Purslane St
- County
- Madison County
- Elevation
- 151 feet
Property details
- Acreage
- 4.93 acres
- Posted
Parcels
- 02-2N-09-5176-002-001
Resources
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 1, 2025 | Price drop | $204,900 | $5,100 -2.4% | Listing agent |
| July 29, 2025 | Price drop | $210,000 | $15,000 -6.7% | Listing agent |
| June 18, 2025 | New listing | $225,000 | — | Listing agent |
