Contact Information

Jackeline Londono
Morgan Whitney

Mobile Home Park Details

  • Price: $1,649,900
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.4%
  • Listing ID: 5219009
  • Posted On: Apr 8, 2024
  • Updated On: Jun 10, 2024

Description

If you are looking for a friendly, rural small town community, you will feel right at Okeechobee. River Bluff Resort has 4 acres, 11 docks, 2 acres of recreational area, picnic tables, RV for rental, houses for rent, marina for rent, parking, outdoor games, public bathrooms with showers, boat ramps, outdoor grills, WIFI area. Property includes 11 RV's plus 3 additional spaces for RV's that can be rented, boat parking area and 3 houses. Great Investment Opportunity

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Park Information

Number of MH Lots: 14
Total Occupancy: 100.0 %
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $204,818
Operating Expense: $50,005
Net Operating Income: $154,813
Expense Ratio: 24.4 %

Utility Information

Water: City
Water Paid By: Park

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