7650 Highway 78 WOkeechobee, FL 34971
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$8,208Cloverport 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.
| 2 months ago | Price changed to $1,799,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 7 months ago | Status changed to Active | |
| 7 months ago | Listing first seen on site |
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Last checked: 2025-02-05 06:01 AM UTC
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