Lake Commercial For Sale

Cloverport Mobile Home Park is a 27 lot/pad and one CBS studio complex with laundry facilities rented on an annual basis. All units are tenant owned, park sits on over 2.5 acres, with three entrances, sub-metered public water & septic.

Currently there are 11 vacant lots, each having electric and sanitation hookups. The value-add for this opportunity is providing mobile homes on the vacant lots increasing the capitalization rate to 9.2% with a capital expense $599,500. See Offer Memorandum attached to MLS

Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort. Currently there are 2 mobile homes that were purchased by the tenants, each paying $600/mth.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 0
  • Location: Lake Okeechobee
  • Acres: 2.500
  • County: Okeechobee County
  • Property Taxes: $0
  • MLS #: F10393738

Location

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Contact Information:

phone Call now 1-855-943-4272
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Ad Statistics:

Lake Commercial For Sale in , Florida
Ad Number : 4068843
Viewed: 176 times
Added: Aug 11, 2023
Updated on: Nov 09, 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: Peter Dacko, Media Realty & Advisors, Inc., 954-232-7714, 954-923-2325 Listing Site, Listing Status: Active
Copyright © 2024 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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