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7650 Hwy 78 W
Okeechobee, FL 34974

$1,350,000 USD

Manufactured Housing Mobile Home Park For Sale  •  10,250 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 10,250 SF
  • Lot Size 2.53 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 9.21 %
  • Zoning RV/MH,PK LOT
0 Transit Score
0 Walk Score

Highlights

HUGE UPSIDE | Value-Add | Six Vacant Pads | Cap X - $65,000 for Delivered and Installed Mobile Home $348,000 | Rents $1200/unit
Best Location - Just minutes from the downtown Okeechobee central business district
Shows 9.25% capitalization rate. 11% cap rate stabilized

Property Flyers

Financial Summary (Actual)

Net Operating Income: $124,917 USD (2024)
Cap Rate: 9.21 %
Total Expenses: $46,641 USD

Amenities

  • 24 Hour Access
  • Yard

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.5 mi
Peter Dacko 954-923-2325 Media Realty
Peter Dacko 954-923-2325 Media Realty