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5520 3RD STREET SE Great Investment Opportunity with stable income stream in Lakeland/Highland City, Florida! Located in a prime area just off the high-traffic State Road 98, a walk distance to restaurants and shopping plaza. This well-maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio. Key Features:(1) 8 total spaces include 2 rent-to-own homes鈥攚ill be fully tenant-owned by 2026鈥攁nd 5 tenant-owned homes with lot rent only) 1 vacant space with significant potential (2) Well-run park with strong tenant retention and consistent revenue streams. (3) Tenants are separately metered for water and electric City water with several septic tanks. Financials:*2024 Gross Revenue: $52, 513 *Estimated Expenses: $12, 776 * NOI $39, 736 and CAP Rate 6.3% *Potential for an additional $10, 000+ in revenue by increasing lot rents and implementing trash charge-backs *Filling the vacant space could bring an additional $14, 400-$16, 800 annually. Investor Opportunity: Easily increase your cap rate on your first year to 8.3% with minimal effort. This property is ready for immediate returns with plenty of room for growth. Don鈥檛 miss out on this exceptional opportunity to secure a solid, income-generating asset in a rapidly growing market!