Multifamily For Sale
8791 Highway 78 W, Okeechobee, FL 34971

$11,250,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10503959
  • Virtual Tour: YES
  • List Price: $11,250,000
  • Taxes:$122,000
  • Year Built:1984
  • Listing Date:May 15, 2025
  • Days On Market:66
  • Total Units:1

Description


VALUE ADD | Okeechobee | Four mobile home parks (175 units) in very close proximity to one another with 2 parks being contiguous and represents 123 pads. There is a positive appetite to acquire mobile home parks in Okeechobee driven by several compelling market dynamics: Affordable Housing Demand, Interest in Stable, Cash-Flowing Assets, Local Market Appeal and Low Operational Costs. THE PARKS A) Cloverport Mobile Home Park/28 Units; 7650 Highway 78 W. B) Dew Drop Mobile Home Park/57 Pads; 8791 Highway 78 W. C) Okeechobee Lake Mobile Home Park/66 Pads; 8951 Highway 78 W. D) Palm Drive Trailer Park/ 24 Pads; 3307 and 3611 SE 36th Ave. DOWNLOAD the Offer Memorandum for salient data including individual park descriptions, rent rolls and income & expense.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker