Okeechobee RV Portfolio
Multifamily | 213 Units
Marketing description
CBRE’s National MH & RV Specialty practice is pleased to present the Okeechobee RV Park Portfolio, a portfolio consisting of three quality resorts in the Okeechobee, FL area. The Okeechobee Lake is the 8th-largest freshwater lake in the U.S. and the largest in Florida, spanning ~730 square miles. Okeechobee is nationally renowned for Largemouth Bass fishing, drawing anglers, boaters, and outdoor enthusiasts from across the country year-round.
The portfolio consists of 213 full hookup RV sites with approximately 70% extended stay tenants, staying longer than six months. All three parks are on municipal water systems with Southern Sun & Lakeside Village being recently converted. Aruba is also on municipal sewer while Southern Sun and Lakeside are on private septic systems.
Click the link below for more information:
https://www.cbredealflow.com/handler/modern.aspx?pv=1y8u8MSPF7jb2atCS0WI4T2c2zbuSGDxgQNQw-PpU8pewQaWujYiFh63pPbWSzA7Cfm2llabjFrMxN9QLIgpng
Investment highlights
- STABLE CASH FLOW W/ LONG TERM TENANTS
- DIVERSE PORTFOLIO FEATURING 55+ AND ALL-AGE PARKS
- HIGH DEMAND RV MARKET
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