Lakeview Terrace Mobile Home Park

Written By :

Category :

Featured Portfolio Property

Posted On :

Share This :

The Lakeview Terrace Mobile Home Park, located on the beautiful lake Beresford in Deland, Florida. With 64 spacious lots, our park enjoys water access with a small marina with boat slips. Upon acquisition, the property boasted 75% occupancy, with lot rents priced below market rates in the low $300’s. However, we embarked on a dedicated mission to revitalize the park, undertaking extensive unit renovations and creating a secure and hygienic environment for our valued residents. Our efforts have yielded remarkable results, as lot rents now stand in the mid $400’s and we proudly announce full occupancy, with every lot currently inhabited. * LOTS: 64 * ACQUISITION DATE: June 2020 * ACQUISITION PRICE: $2,400,000 * RENOVATION COSTS: $700,000

Ready To Start New Project With Intrace?

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Learn how you can join our investor group.

Current Portfolio

Experts in Real Estate Investments

Copyright © 2023. All rights reserved.