RV Park/Campground Details

  • Cap Rate: 9.9%
  • Listing ID: 5316432
  • Posted On: Apr 18, 2024
  • Updated On: Oct 14, 2024

Description

Discover the charm and potential of 2053 Center Street, nestled in the heart of Okeechobee, Florida. This unique property has a septic system and a public water system.
Newly revitalized, the property boasts 10 RV spaces all occupied with monthly rentals, making it an ideal investment for those looking to capitalize on Okeechobee's thriving tourism and seasonal visitor market. There are 4 RV's that are currently owned by the park and rented out that will be conveyed with the sale.
In addition to the RV spaces, the property includes two houses and two apartments, offering a variety of living options and the potential for steady rental income. Whether you're looking to expand your rental portfolio or searching for a property with diverse income streams, 2053 Center Street presents a rare opportunity in a desirable location.
Don't miss out on the chance to own a piece of Okeechobee's charm. Explore the possibilities at 2053 Center Street today.

Location

Located in Okeechobee, Florida

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Park Information

Number of RV Lots: 14
Size: 1.7 acre(s)

Financial Information (Actual)

Gross Income: $166,200
Operating Expense: $37,910
Net Operating Income: $128,290
Expense Ratio: 22.8 %

Utility Information

Water: City
Sewer: Septic

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