INCOME PRODUCER
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, 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.
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. Lucie Counties, making it centrally located for a broader appeal.
Asking: $1,369,000
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