12766 US-441 | Okeechobee, FL 34974
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- LoopNet Team
12766 US-441
Okeechobee, FL 34974
Multifamily Property For Sale
·
15,275 SF
INVESTMENT HIGHLIGHTS
- Water’s Edge Motor Coach RV & Resort represents a compelling investment seeking stable cash flow with upside
- Clubhouse, Pool, Dock, Tiki Hut, Boat Ramp
- This feature allows for the recapture of capital by retailing individual lots while still retaining ownership and control of the resort’s common areas
- Gated 30 Paved RV Campsites/Pads in Waterfront "Rim" Gated Community + Lakeside Cottage + 3 Overflow pads | 7.8% Cap Rate
- Unique Flexibility & Ongoing Revenue Stream - as an individually deeded RV resort Buyer has the ability to sell off individual pads on a condo basis.
- Management and HOA fees can be earned by leasing out privately owned pads through a rental pool or reservation system, creating a revenue stream
PROPERTY FACTS
| No. Units | 34 | Lot Size | 4.04 AC |
| Property Type | Multifamily | Building Size | 15,275 SF |
| Property Subtype | No. Stories | 1 | |
| Apartment Style | Low-Rise | Year Built | 2009 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 4.04 AC |
| Building Size | 15,275 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Parking Ratio | 2.16/1,000 SF |
AMENITIES
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Playground
- Pool
- Waterfront
- Gated
- Cabana
- Pet Play Area
- Wi-Fi
- Storage Space
- Lake Access
- Maintenance on site
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