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15927866
15927867

14725 NW 1st Pkwy, Okeechobee, FL 34972 For Sale

Morgan Whitney Inc
Listed by Morgan Whitney Inc
$1,399,000
847 days on market
Updated 68 days ago

River Bluff

Details
Property Type Mobile Home Park
Units 16
Cap Rate 7.71%
NOI $107,900
Occupancy 100%
Pro-Forma Cap Rate 11.79%
Pro-Forma NOI $165,000
Year Built 1954
Year Renovated 2012
Acreage 4.000

Mobile Home Park | 7.71 CAP

Marketing description

If you are looking for a friendly, rural small town community, you will feel right at Okeechobee. River Bluff Resort has 4 acres, 11 docks, 2 acres of recreational area, picnic tables, RV for rental, houses for rent, marina for rent, parking, outdoor games, public bathrooms with showers, boat ramps, outdoor grills, WIFI area. Property includes 11 RV's plus 3 additional spaces for RV's that can be rented, boat parking area and 3 houses. Great Investment Opportunity

Investment highlights

If you are looking for a friendly, rural small town community, you will feel right at Okeechobee. River Bluff Resort has 4 acres, 11 docks, 2 acres of recreational area, picnic tables, RV for rental, houses for rent, marina for rent, parking, outdoor games, public bathrooms with showers, boat ramps, outdoor grills, WIFI area. Property includes 11 RV's plus 3 additional spaces for RV's that can be rented, boat parking area and 3 houses. Great Investment Opportunity

Listing Contacts

Morgan Whitney Inc
Listed by Morgan Whitney Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$107,900.00
$8,991.67/mo

Valuation Metrics

0
DSCR
7.71%
Cap Rate
7.71%
ROI

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