Okeechobee Mobile Home Park
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OkeechobeeOkeechobee, FL 34974
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Price: $475,000 |
Principals only. 28 space tenant owned mobile home park. 20 seasonal tenants, 5 full time tenants, and 3 RV lots, rents are well below market value, tenants all pay full year in advance. 3 septic tanks, 2 systems recently updated. Public water now paid by park that can be passed to tenants. At current sale price cap rate would be 7.93%, with potential of 11.59% cap rate with lot rents raised and water expense passed to tenants. For more listings please click the link below. http://www.loopnet.com/listings/bwebster53@aol.com |
Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.