3971 Hwy, Okeechobee, FL 34974
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.