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$1,890,000
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. the park is a 27 lot/pad and 1 cbs studio apt. complex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic. there are 5 brand new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1400 per month. the value-add lies in leasing the 6 vacant pads or installing new mh's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.Commercial - for Sale
7650 HWY 78 W, OKEECHOBEE, FL 34971
