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$ 11,250,000
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8791 Highway 78 W Okeechobee, FL 34971
UPDATED:
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
Listed by Media Realty
Team Comerford
Team Leader | Broker Associate | License ID: BK3455404
+1(941) 586-3229 | team@thecomerfordgroupfl.com