8042 Hwy 441 Okeechobee, FL 34974
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 8042 Hwy 441
- Property type
- Mobile home & RV parks
Description
This exceptional 14-unit RV park is situated on the scenic Rim Canal of Lake Okeechobee, Florida's largest freshwater lake. Boasting a strong 11% capitalization rate, this turnkey investment property offers a substantial net operating income of $156,651, derived from a gross income of $166,800. Located in an Opportunity Zone, this property presents significant investment potential. The park features well water and five septic tanks. Its convenient location offers easy access to amenities such as Dollar General, convenience stores, and gas stations, all within walking distance. Adjacent to a Florida Fish and Wildlife Conservation Commission park, the property enjoys a prime location on a wide canal. This established business is ready for immediate income generation, presenting a rare opportunity for a savvy investor seeking a high-return, low-maintenance investment in a desirable location. The property is listed at $1,400,000. The address is 8042 HWY 441 SE, Okeechobee, FL 34974.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Okeechobee
- County
- Okeechobee
- State
- Florida
- Longitude
- -80.7425
- Latitude
- 27.1862