2053 Center St , Okeechobee, FL 34974(Okeechobee County)

1.36 Acres in Okeechobee, FL - $1,369,000

This RV park in Okeechobee, FL, presents an excellent investment opportunity with 14 units and 3 buildings on 1.68 acres. Generating a gross income of $163,200 and a net income of $145,141.32, the park delivers a solid 10% return. Of the 14 units, five are park-owned, while nine are tenant-owned, offering a diverse income stream. One of the park-owned homes has been recently updated, featuring a new roof, kitchen, and flooring, with the electric system upgraded as well.

The park is separately metered, with two septic tanks servicing the property, and a 24-hour accessible on-site laundry facility adds convenience for tenants. The park will essentially run itself, providing a low-maintenance investment. Located just a 3-minute drive from local dining, shopping, and entertainment, it offers an attractive living option within the city. Additionally, it's only 45 minutes from Martin and St. ...