NEW PARK FOR SALE: Okeechobee County, FL - Family MH/RV Park - 12 Rental sites

SOLD!
Price: $565,000
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NEW PARK FOR SALE: ~~~ASKING PRICE $565,000~~~

FAMILY MH & RV Park, 12 Rental Sites, including 1 House, 9 MH sites & 2 RV sites, 2 Car Garage/Storage Building

Okeechobee County, Okeechobee, Florida/Seller Financing!!

PRINCIPLES ONLY- Great Location in South Florida

Great upside income potential. Park now includes 2 additional rented homes, one very nice with cherry cabinets, etc, plus a 2 car garage/storage building, social building, fire pit and more. Road front House includes land for future addition of MHs or RVs, subject to county approval. Really cute Key West flair, with colors to match and elaborate landscaping. Family Park stays full with long-term renters and waiting list. High demand, very popular location. All sites have water, septic and electric. New Owner may be able to add additional MH’s or RV’s, subject to County approval. 

Lake Okeechobee, stores and commercial areas across the street. 

All sites have electric, water and sewer hook-ups. Sale includes House and 7 Park owned models. 2.5 plus or minus acres.

Owner is ready to sell and would consider Seller Financing.

Income & Expenses-2016 (estimated)
Annual Income            $80,316
Operating Expenses     $11,622
NOI                              $68,694
            Cap Rate    12.1%                                 

Please sign the attached C/A Agreement to receive all financial information & the address of the park opportunity. Thank you!

Disclaimer:              Theinformation and (all files attached) have been obtained from sources believedreliable. While we do not doubt its accuracy we have not verified it and makeno guarantee, warranty or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any projections, opinions,assumptions or estimates used are for example only and do not represent thecurrent or future performance of the property. The value of this transaction toyou depends on tax and other factors which should be evaluated by your tax,financial, and legal advisors. You and your advisors should conduct a careful,independent investigation of the property to determine to your satisfaction thesuitability of the property for your needs. Information contained herein isdeemed reliable, however, is not warranted by Douglass Rhudy, his Agents or Wm.Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms andconditions without further notice.