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14725 NW 1st Pkwy 17 Unit Mobile Home Park $1,190,000 ($70,000/Unit) 9.45% Cap Rate Okeechobee, FL 34972
Executive Summary
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
Property Facts
| Price | $1,190,000 | Apartment Style | Low-Rise |
| Price Per Unit | $70,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.00 AC |
| Cap Rate | 9.45% | Building Size | 9,686 SF |
| No. Units | 17 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 2007/2012 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 4.41/1,000 SF |
| Price | $1,190,000 |
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| Cap Rate | 9.45% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 9,686 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2007/2012 |
| Parking Ratio | 4.41/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
- Picnic Area
- Furnished Units Available
- Smoke Free
- Dock
- Lake Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | - |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R1-13-37-33-0A00-00002-0000 | Improvements Assessment | $553,896 |
| Land Assessment | $320,824 | Total Assessment | $874,720 |
Property Taxes
Parcel Number
R1-13-37-33-0A00-00002-0000
Land Assessment
$320,824
Improvements Assessment
$553,896
Total Assessment
$874,720
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14725 NW 1st Pkwy