3971 Hwy Okeechobee, FL 34974
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 3971 Hwy
- Year built
- 1977
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a four-unit mobile home/RV park located at 3971 Highway 441, Okeechobee, Florida, 34974. The property, built in 1977, boasts a diverse mix of rental units, including a charming two-bedroom, two-bathroom wood-frame home featuring a durable metal roof and a brand-new central air conditioning system. Additionally, the property includes a one-bedroom, one-bathroom mobile home and a two-bedroom, one-bathroom mobile home. Further enhancing its income potential, the property also features one dedicated RV park space. The property is serviced by city water and multiple septic systems, ensuring efficient waste management. Three separate electrical meters provide individual utility control. The property's financial performance is impressive, with a reported gross annual income of $54,600 and a net annual income of $48,600. Detailed expense information is available upon request. This turnkey investment is ready for a new owner to capitalize on its strong cash flow and potential for future growth. The lot size is not specified. This is a rare opportunity to acquire a well-established income-producing property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Okeechobee
- County
- Okeechobee
- State
- Florida
- Longitude
- -80.7883
- Latitude
- 27.2102
