$ 1,350,000
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$1,350,000
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Bed -
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Bath -
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SqFt
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About the Listing MEDR - 0600065
Cloverport Mobile Home Park offers a compelling value-add investment with an in-place 9.25% cap rate and an estimated 11.0% capitalization rate based on stabilized income. Ownership has experienced a shift in motivation and has aggressively reduced the asking creating a massive upside potential. The property is strategically located minutes from Lake Okeechobee, the central business district, providing convenient access to dining, shopping, and employment centers. Cloverport consists of 27 mobile home pads plus one CBS studio apartment, situated on over 2.5 acres with three points of ingress/egress. The park features sub-metered public water and septic, on-site laundry facilities, and annual leases. *****DOWNLOAD OFFER MEMORANDUM FOR DETAILED PROPERTY DESCRIPTION, RENT ROLL, INCOME & EXPENSES, ETC.******
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central,Individual
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Zoning: RR
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $15,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 1-08-38-35-0A00-00017-0000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
7650 Highway 78, Okeechobee, Fl Okeechobee, FL
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