Multifamily For Sale
5350 Us Highway 441, Okeechobee, FL 34974

$1,875,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10498837
  • Virtual Tour: YES
  • List Price: $1,875,000
  • Taxes:$1,297,464
  • Year Built:1970
  • Listing Date:April 17, 2025
  • Days On Market:96
  • Total Units:1

Description


Discover an exceptional turn-key investment opportunity with this meticulously maintained RV park nestled along the enchanting Okeechobee Rim Canal. Boasting a robust gross income of $249,889.08 and a net income of $219,673.96 delivering an impressive 11% CAP rate, this property ensures substantial returns. Infrastructure includes a well and three efficient septic systems, The Property is a mix of apartment buildings, RV lots, and mobile homes catering to the needs of both guests and residents. RV Park is within walking distance of multiple Dollar Generals, convenience stores, etc. This property offers room for added value with hook-up for coin laundry and additional rental income.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker