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27554181
27554180

8485 US-441, Okeechobee, FL 34974 For Sale

WC
FL FL: BK3533965
Split Arrow Capital Brokers
SK
FL FL #SL3588023
Split Arrow Capital Brokers
Listed by Split Arrow Capital Brokers
$2,899,000
279 days on market
Updated 25 days ago
Opportunity zone

Oak Park MHP

Details
APN 10938360A0000017A000
Property Type Mobile Home Park
Units 49
Cap Rate 5.82%
NOI $168,588
Occupancy 84%
Price Per Acre $339,703
Class C
Year Renovated 2024
Acreage 9.420
Investment Type Value Add

49 Unit MHP - Okeechobee, FL

Marketing description

Introducing a Prime Investment Opportunity in Okeechobee, Florida: 49 Lot Mobile Home Park Right Next to Lake Okeechobee

Explore the charm of Okeechobee, FL, and envision the upside opportunities at Oak Park MHP. Surrounded by the beauty of Lake Okeechobee, the area offers a serene atmosphere perfect for a Multifamily / Mobile Home Park investment. Nearby, enjoy recreational activities like fishing and boating, or unwind at the Okeechobee Battlefield Historic State Park. Discover local flavors at authentic eateries and embrace the vibrant community. With its convenient location and picturesque surroundings, Oak Park MHP in Okeechobee, FL, presents an enticing prospect for investors seeking to be part of a thriving, close-knit community.

Investment highlights

  • Value Add / Infill Opportunity

  • Below Market Lot Rent

  • Grossing $20,070/mo *Lot rent only $17,140 per mo rent roll

  • Opportunity Zone

  • Seller Financing Available

  • Management Available

Listing Contacts

WC
FL FL: BK3533965
Split Arrow Capital Brokers
SK
FL FL #SL3588023
Split Arrow Capital Brokers
Listed by Split Arrow Capital Brokers

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,588.00
$14,049.00/mo

Valuation Metrics

0
DSCR
5.82%
Cap Rate
5.82%
ROI

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Property History

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Additional Information

Name
William Capone
License
FL: BK3533965
Brokerage
Split Arrow Capital Brokers LLC
Brokerage Phone
5614739438
Brokerage Address
321 South Dixie Highway
Name
Steve Kruszenski
License
FL #SL3588023
Brokerage
Split Arrow Capital Brokers
Brokerage Phone
5618727761
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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