1421 NE US Highway 441 # 10, Okeechobee, FL 34974 For Sale

Hospitality | 15% CAP | 10 Keys | 22 Pads Room To Expand Hotel Motel Apt Bulding RV Park MHP

Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One.

1422 US-441, Okeechobee, FL 34974

This is a 10-room motel currently being expanded to 10 rooms, complemented by existing RV/manufactured home lots located to the rear and side of the property. The attached rent roll reflects three recent vacancies that were filled over the weekend with long-term local tenants, stabilizing occupancy.

The current owner is in the process of adding seven additional seven (7) RV/manufactured home sites, including electrical and plumbing infrastructure. There is an adjacent portion of land historically utilized for RV placement for over 20 years, though part of that area may involve state ownership. This will require proper due diligence to confirm legal use and future entitlement. If validated, it presents meaningful expansion potential beyond the current footprint.

Asking Price: $1,349,999

Visual tour:

https://tours.swift-pix.com/KGbIisnvv7SRmmOks9Z6

Parcel information is attached or you can look it up here:

https://www.okeechobeepa.com/gis/

Parcel: 1-34-37-35-0A00-00022-A000

Rent roll is available upon request and signed NDA.

FAQ: https://docs.google.com/document/d/1cz3lb27jUkcIYKKDlxvzfjDmXZTbQSF-XqMgsMihGA8/edit?tab=t.0

More questions ? Call or email ilya @ 3058946644 [email protected]