12300 Phillips Lane MHP & RV Park

Positioned just off S. Tamiami Trail in the Gibsonton area of South Hillsborough County, offering access to major employment corridors, retail services, and regional transportation in the broader Tampa Bay market.12300 Phillips Lane, Gibsonton, FL 33534 offers the opportunity to acquire a stabilized mobile home and RV park with in-place cash flow, operational infrastructure, and identifiable upside through lease-up, utility optimization, and continued site enhancement. Located in the Clair-Mel/Gibsonton area just off S. Tamiami Trail, the property benefits from strong regional access and a practical workforce housing location within South Hillsborough County. The park consists of 14 mobile home sites and 7 RV pads situated on approximately 4.0 acres. Currently, 12 of the 14 mobile home sites are occupied, with 2 vacant pads, and 6 of the 7 RV pads are occupied, with 1 vacant RV pad. The property generates $221,800 in current gross income against $64,275 in fixed expenses, providing immediate income with additional upside through occupancy gains and continued operational refinement. All tenants are on written leases. All mobile homes on site are parkowned. Of the homes, one unit is retired to the property, while the remaining 11 homes are titled and may be transferred by title separately from the real estate. The RV component is structured as pad rental income only. The site dimensions are approximately 498 feet by 350 feet, equating to roughly 4 acres. The RV pads have recently undergone electrical upgrades in 2026, and each RV pad is separately metered for electric service. All tenants pay their own electric bills, limiting owner exposure to utility costs. Owner-paid utilities and services currently include city water, well service, and dumpster fees. The park is supported by a tenant who serves as an on-site handyman/repair resource on an as-needed work-trade basis, and the property is currently operated with the assistance of a third-party management company. A new owner may choose to retain the existing management structure or transition to independent management depending on investment strategy. This asset presents a compelling blend of income stability and value-add potential. Existing cash flow is supported by current occupancy, written leases, in-place management, and park-owned units, while upside remains through lease-up of the vacant mobile home pads and RV pad, continued unit turns and rehab, and operational efficiencies. In addition, the rear portion of the property behind the RV pads provides further enhancement potential. A walking bridge and nature area currently exist and may be improved to create an upgraded tenant amenity. Ownership has also obtained bids to convert the park to separately metered water service, with estimated installation costs of approximately $6,000 and monthly billing costs of $6 per unit. This creates a future path toward utility cost recovery and improved expense control. In addition to the stated fixed expenses, variable expenses may arise periodically, including septic pump-outs on the RV side as needed, along with customary expenses associated with storms, move-outs, turnover, repairs, and unit rehabilitation. The property is being offered for cash sale or traditional financing only. Seller financing will not be offered. Interested buyers will be required to execute an online confidentiality agreement prior to accessing the rent roll and financial statements. Closing shall be handled by Compass Land and Title. Title insurance will cover the real property, while any mobile homes transferred by title will be conveyed separately. Current survey and elevation certificates are available.