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1025 W Socrum Loop Rd
Off-Market Call for Pricing
Call for Pricing
- Units
- 5,764 Sq Ft
- 71,874 Sq Ft
- Unknown Cap Rate
Description
PLEASE SEE ATTACHED PROPERTY BROCHURE FOR ALL DETAILS! This sale encompasses two addresses, in two different parts of town. On the northside of Lakeland are 7 mobile homes located at US 98 North and West Socrum Loop Road. The second location is at 711 Nashville Road at Old Tampa Hwy and Memorial Blvd. This location has two homes.
The current owner purchased the two assets and has been renovating the units. There is a tremendous amount of upside with this asset, as 4 units are vacant, and the remainder under market. The vacant units are ready to rent and market rates are strong currently.
The proforma scenario represents a 13.61 cap rate with conservative Pro-forma rent expectation at $116,900.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $675,000 |
| Property Type | Other |
| Usable Sqft | 5,764 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1980 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 232712000000033120 |
| MLS # | O6297700 |
| Property ID | 321429611 |
| Lot Sqft | 71,874 |
| Zoning | RL4 |
| Days on Market | 253 |
| Original List Price | $675,000 |
| Date Updated | October 02, 2025 |
| Date Created | April 08, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Craig Morby an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of October 02, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT