8791 Highway 78 W new

Okeechobee,FL 34971

$ 11250000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10503959

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 592416

Year Built 1984

Annual Tax Amount $122,000

Tax Year 2025

Property Sub-Type Income/Multi-Family

Property Description

VALUE ADD | Okeechobee | Four mobile home parks (175 units) in very close proximity to one another with 2 parks being contiguous and represents 123 pads. There is a positive appetite to acquire mobile home parks in Okeechobee driven by several compelling market dynamics: Affordable Housing Demand, Interest in Stable, Cash-Flowing Assets, Local Market Appeal and Low Operational Costs. THE PARKS A) Cloverport Mobile Home Park/28 Units; 7650 Highway 78 W. B) Dew Drop Mobile Home Park/57 Pads; 8791 Highway 78 W. C) Okeechobee Lake Mobile Home Park/66 Pads; 8951 Highway 78 W. D) Palm Drive Trailer Park/ 24 Pads; 3307 and 3611 SE 36th Ave. DOWNLOAD the Offer Memorandum for salient data including individual park descriptions, rent rolls and income & expense.

Location

State FL

County Okeechobee County

Area Ok40

Zoning RR

Interior

Heating Central Individual A/C

Cooling Central Individual A/C

Exterior

Water Access N

Private Pool No

Building

Sewer Septic Tank

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Ownership Corporation

View More
Favorite Go Tour