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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

0 Hwy 441 Okeechobee, FL 34974

1.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Okeechobee, FL RV park presents a lucrative investment opportunity. The 1.06-acre property boasts a 100% occupancy rate, generating a robust gross income of $242,688 and a net operating income (NOI) of $208,957, resulting in an impressive 9% capitalization rate. The well-maintained park features a diverse mix of RV lots, mobile homes, and apartment buildings, catering to a broad range of residents and guests. Infrastructure includes a well and three efficient septic systems. Conveniently located near amenities such as Dollar Generals and convenience stores, the park benefits from its proximity to Okeechobee's approximately 43,000 residents and the exciting development potential of nearby projects, including a Bass Pro Resort and a new casino and resort in Brighton, FL (a short 30-minute drive). The property offers significant potential for added value through the addition of coin-operated laundry facilities, further enhancing rental income. A significant advantage is the inclusion of one year of full-time property management as part of the sale, ensuring a seamless transition for the new owner. The asking price is $2,300,000. This turnkey operation is a true cash-generating asset.

Property profile
Verified
Property type Mobile home & RV parks
Lot 1.06 ac (46,174 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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