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Okeechobee MHP/RV 175 Unit Portfolio
Okeechobee, FL

$9,000,000 USD

Portfolio For Sale  •  35,926 SF

4 Properties View all

Property Details

  • Property Type Unknown
  • Cap Rate 7.45 %
0 Transit Score
19 Walk Score

Highlights

Value Add | Operating below market rents, the communities provide potential for increased revenue through lease-up and rental rate realignment.
Affordable Housing Demand offer a low-barrier entry to homeownership or rental, making them increasingly attractive in markets like Okeechobee
Cloverport Mobile Home Park is a 27 lot/pad and one CBS studio apartment
The Dew Drop Mobile Home Park sits on 3.9 acres and contains 57 pads with one folio
Okeechobee Lake Mobile RV Park contains 66 pads and is contiguous to Dew Drop Mobile Home Park and together they have a combined 126 pads
Palm Drive Trailer Park is situated on a canal with access to Lake Okeechobee. The park has 24 pads and collects rent for lot rent only.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $670,734 USD (2025)
Cap Rate: 7.45 %
Total Expenses: $392,186 USD

Public Transportation

Commuter RailDriveWalkDistance
13 min - 5.7 mi
Peter Dacko 954-923-2325 Media Realty
Peter Dacko 954-923-2325 Media Realty