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7650 Hwy 78 W
Okeechobee, FL 34974
Multifamily Property For Sale
·
10,250 SF
Investment Highlights
- HUGE UPSIDE | Value-Add | Six Vacant Pads | Cap X - $65,000 for Delivered and Installed Mobile Home $348,000 | Rents $1200/unit
- Shows 9.25% capitalization rate. 11% cap rate stabilized
- Best Location - Just minutes from the downtown Okeechobee central business district
Property Facts
| No. Units | 28 | Lot Size | 2.53 AC |
| Property Type | Multifamily | Building Size | 10,250 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 80% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1984 |
| Zoning | RV/MH,PK LOT - RV/Mobile Home Parking Lot | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.53 AC |
| Building Size | 10,250 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | RV/MH,PK LOT - RV/Mobile Home Parking Lot |
Amenities
Unit Amenities
- Yard
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,200 | 560 |
| Studios | 1 | $1,200 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $295,575 | |
| Land Assessment | $340,050 | Total Assessment | $635,625 |
Property Taxes
Parcel Numbers
Land Assessment
$340,050
Improvements Assessment
$295,575
Total Assessment
$635,625
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