Mobile Home Park Details
- Listing ID: 1655979
- Posted On: Apr 26, 2022
- Updated On: Jan 16, 2023
Description
Colliers Manufactured Housing & RV Group presents, Big Okee RV Portfolio, a 262-site long-term, majority senior RV portfolio. Both of the parks are located in Central Florida, one on the north end of Lake Okeechobee and the other property located 30 miles away on the west side of the lake in Moore Haven. The 2-park portfolio spans nearly 38 acres and are located within an hour of each other on the largest lake in Florida.
Private Well & Private Septic* (*Big Okee public utilities conversion is funded).
Lakeport RV Park is located in a qualified Opportunity Zone.
The parks are located within 30 miles of each other which allows for efficient management.
Majority of homes are skirted RVs and park-models on annual leases.
The park tenants are predominately 55+ resulting in stable occupancy.
Multiple value-add opportunities include; raising rates, converting seasonal sites to annual sites, selling/renting park-owned units, infilling vacant sites, and developing the entitled expansion land at Lakeport.
Location
1274 Milum Dr, Moore Haven, FL 33471
9751 FL-78,
Okeechobee, FL 34974
Offering Site: https://www.crexi.com/properties/808506/florida-big-okee-rv-portfolio
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a
Park Information
Community Type: | All Age |
Number of MH Lots: | 262 |
Total Occupancy: | 75.0 % |
Size: | 38 acre(s) |
Utility Information
Water: | Well |
Sewer: | Septic |