Property profile

8042 Hwy 441 Okeechobee, FL 34974

OFF-MARKET
Mobile home & RV parks
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mobile home & RV parks

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8042 Hwy 441 Okeechobee, FL 34974
Okeechobee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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