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2657 Randall Lane, Cottondale, FL 32431

New Listing
$3,900,000
Property Type: Commercial for Sale Square Footage: 26,240 Lot Size (sq. ft.): 435,600 Status: Active
Current Price: $3,900,000 List Date: 12/22/2025 Last Modified: 12/22/2025

Description

44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add Upside Rare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential. The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream. According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.

More Information MLS# 782885

Contract Info

List Price/SqFt: 148.63 List Date: 2025-12-12 List Price: $3,900,000 Current Price: $3,900,000 Sub-Type: Income Producing

Location

Sub Area: 0905 - Jackson - Campbellton/Graceville/Cottondale Community/Resort: None Waterfront: No Directions: Separate locations. Call listing agent. Area: 09 - Jackson County Street #: 2657 Street Name: Randall Street Suffix: Lane State: FL Zip Code: 32431 County: Jackson Subdivision: [No Recorded Subdiv] Parcel ID: 30-5N-11-0000-0070-0000 Legal Description: OR 228 P 27 OR 273 P 590OR 317 P 771 OR 328 P 665OR 869 P 53 OR 1143 P 261 OR 1346 P 952 COMM AT NWC OF SECT, RUN E 1325.92 FT FT, S 518.42 FT, CONT S 630.39 FT TO E/LY EDGE OF CADDY RD TO BEGIN, RUN S 87* E 202.59 FT, N 88* E 217.20 FT, CONT N 88* E 44.52 FT TO W/LY RTWY OF HWY #231 SAID POINT BEING CURVE CONCAVE SE/LY, RUN SW/LY ALONG CURVE & RTWY 508.55 FT, S 27* W ALONG RTWY 208.67 FT, S 19* W

General Property Info

List Class: Residential Income Acreage: 10 Construction Status: Construction Complete SqFt Tot Bldg: 26240 Year Built: 1965

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: 44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add Upside Rare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential. The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream. According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.

Office/Member Info

Seller Concessioins: No

Financing

Cash: 1

Present Zoning

Resid Multi-Family: 1

Utilities

Electricity - Connected: 1 Private Well: 1 Public Sewer - Connected: 1 Water Connected: 1 Septic Tank: 1

Sale Type

As Is: 1

Floors in Unit/Home

One: 1

Income Producing

Property Type: Multi-Family

Offering Type

Sale with Lease: 1

Pricing Type

Sale Price: 1

Transport. Access

2-Lane: 1 City Road: 1 County Road: 1 Paved: 1 Unpaved: 1

Status Change Info

Status: Active

Property Features

Financing: Cash Offering Type: Sale with Lease Pricing Type: Sale Price Present Zoning: Resid Multi-Family Sale Type: As Is Utilities: Electricity - Connected; Private Well; Public Sewer - Connected; Water Connected; Septic Tank
Listing Office: Chipola Realty
Last Updated: December - 22 - 2025
Information deemed reliable but not guaranteed.