7650 Highway 78 W

Okeechobee, FL 34971
  • $1,699,900

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing MEDR - 0600065

Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort. The park is a 27 lot/pad and 1 CBS studio apt. complex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic. There are 5 brand new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1400 per month. The value-add lies in leasing the 6 vacant pads or installing new MH's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.

Listing Highlights for 7650 Highway 78 W

Status Active
Days on Site 431
Property Type Commercial Sale
MLS ® F10449471
Year Built 1984
Total Square Footage 0
Lot/Acreage 2.5

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 108900
  • Zoning: RR
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1-08-38-35-0A00-00017-0000
  • Tax Year: N/A

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7650 Highway 78 W Okeechobee, FL 34971

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Originating MLS: FTL

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