6323 Trouble Creek Road, New Port Richey, FL 34653

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
6323 Trouble Creek Road,New Port Richey, FL 34653
$539,000
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  • 4 Beds
  • 4 Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: stephen hachey
Office: flat fee mls realty
MLS#:TB8461756
Source:MFRMLS

Price summary

  • Price:$539,000
  • Price per sq. ft.:$154

About this home

Bear Creek is a 9-pad hybrid manufactured housing and RV community located along Trouble Creek Road in New Port Richey, Florida. The property includes four fully renovated park-owned mobile homes and five RV pads, providing a mix of stable recurring income and seasonal flexibility. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $55,000, which reflects a 10.25 perc. cap rate at the asking price of $539,000. All 4 mobile homes were renovated between 2023 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. the park offers meaningful upside through potentially increasing RV occupancy, optimizing monthly RV rates, and implementing modest rent growth on the mobile homes. A pro forma stabilization scenario supports an estimated NOI of

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Home facts

  • Year built:1958
  • Listing ID #:TB8461756
  • Added:1 day(s) ago
  • Updated:January 23, 2026 at 01:27 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Ductless

Structure and exterior

  • Roof:Membrane
  • Year built:1958
  • Building area:3,500 sq. ft.
  • Lot area:0.6 Acres

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$539,000
  • Price per sq. ft.:$154
  • Tax amount:$4,159 (2024)
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