Lake Commercial For Sale
Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort.The park is a 27 lot/pad and 1 CBS studio aptplex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic.
There are 5 brand new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1400 per month. The value-add lies in leasing the 6 vacant pads or installing new MH's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.
Property Details
- Beds: 0
- Baths: 0.0
- Year Built: 1984
- Location: Lake Okeechobee
- Acres: 2.500
- County: Okeechobee County
- Heat/AC: Central Furnace
- Roof:
- Property Taxes: $0
- MLS #: F10449471
Location
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Contact Information:
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Listing Agent: Peter Dacko, Media Realty & Advisors, Inc., 954-232-7714, 954-923-2325 Listing Site, Listing Status: Active
Copyright © 2024 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5132035 |
| Viewed: | 95 times |
| Added: | Jul 25, 2024 |
| Updated on: | Jul 25, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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