Sands Investment Group is Pleased to Exclusively Offer For Sale the RV and Mobile Park Combo in Palm Beach County, Adjacent to Lake Okeechobee, Pahokee City Marina and Florida Hiking Trail. Parks Are Located Within City Limits and Close to All Shopping and Daily Needs. RV Park Can Further Benefit From its Location and Become More of a Destination Park For Longer-Term and Seasonal Stays. Pahokee City Marina Sees Large Vessels Transversing the St. Lucie River Through Lake Okeechobee. Vessels Can Cross From the Atlantic Ocean to the Gulf of Mexico Through Lake Okeechobee.
PROPERTY HIGHLIGHTS:
• RV Park Consists of: 46 Lots With 5 Park Owned Homes
• Laundry, Bathhouse, Gate, Newly Paved Roads (Private) and City Utilities
• Onsite Management & Maintenance Person
• Contracted Yard Care
• Current Rates Nightly $65, Wkly $300 to $325; Monthly $650 to $1000 (Below Market) Depending on Occupancy & Demand
• Upside in Increased Marketing, Rate Stabilization & Further Monetizing Laundry Room
• Mobile Home Park (Adjacent to RV Park) is Made up of: 19 Lots - All Tenant Owned Avg. Lot Rent of $350 (Below Market) City Utilities (Direct Billed), Private Paved Roads (Could Use Resurface)
• Upside in Lot Rent Increases - *Lot Rent Increase Notice Given to Tenants; New Rate of $500 a Month Will Take Effect Nov 1, 2024
