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- LoopNet Team
4074 US Hwy 441 SE
Okeechobee, FL 34974
Lakeside RV Park · Multifamily Property For Sale
·
4,972 SF
PROPERTY FACTS
| No. Units | 60 | Lot Size | 2.11 AC |
| Property Type | Multifamily | Building Size | 4,972 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1990 |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.11 AC |
| Building Size | 4,972 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1990 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Dock
- Lake Access
ABOUT 4074 US HWY 441 SE , OKEECHOBEE, FL 34974
Park currently consist of 59 RV spaces of which 7 are on water and owners residence, office and a storage/workshop. There are currently 24 Vacant Lots. Of these vacant lots, they are all filled during the winter months with 3 to 6 month visitors; aka “Snowbirds”! Rents effective July 1, 2018 are/will be as follows: 7 Water-Front Spaces - $280 PER MONTH 28 – Full Time Spaces - $250 PER MONTH Seasonal / Monthly - $365 all inclusive. 1 POH @ 600 Month and 1 POH 750 Full Time residents are charged an additional $30 per month for water and residents are billed-back 0.15 per KWH for Electric. During the off-season (Summer Months – May thru October) they open up to nightly, weekly rentals at a cost of $15 per night. There are 3 Park Owned Homes including owners residence. Of the 3 – two are in need of rehab or replacement. All the sites are 30-AMP with the exception of 2-waterfront sites and 2 of the POH sites which have 50-AMP service. Several Upside Opportunities include: -Turning more of the seasonal to full time spots. -Adding more dockage and charge for boat storage and/or add in a boat rental business on-site. -Bring in some POH and/or Tiny Homes and promote vacation rentals.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 59 | - | - |
| 1+1 | 1 | - | 1,848 |
PROPERTY TAXES
| Parcel Number | R1-36-37-35-0A00-00033-0000 | Improvements Assessment | $140,228 |
| Land Assessment | $992,156 | Total Assessment | $1,132,384 |
PROPERTY TAXES
