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$ 1,875,000
Est. payment /mo
Active
5350 US Highway 441 Okeechobee, FL 34974
10,112 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10498837
HOA Y/N No
Total Fin. Sqft 1
Year Built 1970
Annual Tax Amount $1,297,464
Lot Size 10,112 Sqft
Property Sub-Type Income/Multi-Family
Property Description
Discover an exceptional turn-key investment opportunity with this meticulously maintained RV park nestled along the enchanting Okeechobee Rim Canal. Boasting a robust gross income of $249,889.08 and a net income of $219,673.96 delivering an impressive 11% CAP rate, this property ensures substantial returns. Infrastructure includes a well and three efficient septic systems, The Property is a mix of apartment buildings, RV lots, and mobile homes catering to the needs of both guests and residents. RV Park is within walking distance of multiple Dollar Generals, convenience stores, etc. This property offers room for added value with hook-up for coin laundry and additional rental income.
Location
State FL
County Okeechobee County
Area Ok10
Exterior
Water Access N
Private Pool No
Others
Pets Allowed No
Acceptable Financing Other Terms
Listing Terms Other Terms
Listed by The Tucker Group, LLC