14725 NW 1st Pkwy Okeechobee FL | 14725 NW 1st Pkwy
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14725 NW 1st Pkwy Okeechobee FL 14725 NW 1st Pkwy
17 Unit Mobile Home Park £1,292,367 (£76,022/Unit) 9.38% Net Initial Yield Okeechobee, FL 34972
Investment Highlights
- Two acres of recreation area
- Eleven docks and boat ramp
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
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,292,367 | Apartment Style | Low Rise |
| Price Per Unit | £76,022 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.00 AC |
| Net Initial Yield | 9.38% | Building Size | 3,400 SF |
| No. Units | 17 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 2007/2012 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 4.41/1,000 SF |
| Price | £1,292,367 |
| Price Per Unit | £76,022 |
| Sale Type | Investment |
| Net Initial Yield | 9.38% |
| No. Units | 17 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 3,400 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 2007/2012 |
| Parking Ratio | 4.41/1,000 SF |
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 | - | - |
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PROPERTY TAXES
| Parcel Number | R1-13-37-33-0A00-00002-0000 | Improvements Assessment | £429,546 |
| Land Assessment | £200,657 | Total Assessment | £630,203 |
PROPERTY TAXES
Parcel Number
R1-13-37-33-0A00-00002-0000
Land Assessment
£200,657
Improvements Assessment
£429,546
Total Assessment
£630,203
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14725 NW 1st Pkwy Okeechobee FL | 14725 NW 1st Pkwy
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