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33928082
33928076

1073 Old Lakeport Rd, Lakeport, FL 33471

WS
TX 732835
CBRE - Houston Galleria
JL
CA 02083972
CBRE - San Diego
JD
TX 787731
CBRE - Houston Galleria
Listed by CBRE - Houston Galleria, CBRE - San Diego
$7,000,000
2 days on market
Updated 2 days ago

Aruba RV Resort

Details
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Units 138
Cap Rate 6.17%
NOI $432,085
Occupancy 90%
Tenancy Multi
Pro-Forma Cap Rate 6.99%
Pro-Forma NOI $489,547
Acreage 12.750

AMENITY-RICH 55+ LAKEFRONT RV RESORT IN A PREMIER LAKE OKEECHOBEE DESTINATION

Marketing description

EXECUTE CA HERE FOR DUE DILIGENCE AND FINANCIAL DOCUMENTS

No Pace Morby or Subto Community Buyers.

CBRE's National MH & RV Specialty practice is pleased to present Aruba RV Resort, a quality 55+ RV resort in the Okeechobee, FL area offered individually or as part of the three-property Okeechobee RV Portfolio. 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.

Aruba RV Resort comprises 138 full hookup RV sites at approximately 90% occupancy, with a high concentration of extended-stay tenants residing longer than six months. The park is served by municipal water and municipal sewer, with sub-metered electric.

Aruba RV Resort is the most amenity-rich property in the portfolio, offering an extensive facility set tailored to an active 55+ senior community. The park stands out in the submarket with a full recreational lineup including an indoor spa, game room, and shuffleboard — amenities that drive resident satisfaction and long-term occupancy stability. The park is referenced by Okeechobee County's official tourism site as featuring individual mini-piers per site providing direct lake access — a highly differentiated feature in the market. Storage and boat slips adding meaningful ancillary revenue streams.

The Lake Okeechobee Scenic Trail (109-mile trail atop the Herbert Hoover Dike), airboat tours, hunting, and ecotourism create diverse year-round visitor traffic. Okeechobee County actively promotes the area as a premier RV destination.

Owner Financing is Available. Contact Brokers for Preferred Terms.

Investment highlights

  • STABLE CASH FLOW W/ LONG TERM TENANTS
  • AMENITY-RICH 55+ COMMUNITY WITH DIRECT LAKE ACCESS
  • HIGH DEMAND RV MARKET

Listing Contacts

WS
TX 732835
CBRE - Houston Galleria
JL
CA 02083972
CBRE - San Diego
JD
TX 787731
CBRE - Houston Galleria
Listed by CBRE - Houston Galleria, CBRE - San Diego

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$432,085.00
$36,007.08/mo

Valuation Metrics

0
DSCR
6.17%
Cap Rate
6.17%
ROI

Map

Zoning

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C-2 CommercialGeneral CommercialCommercial General
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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