3431 38Th AveOkeechobee, FL 34974

Property Details for 3431 38Th Ave

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

Attention investors! This lucrative five-unit mobile home park in Okeechobee, Florida, presents a compelling investment opportunity. Situated on a well-maintained 0.81-acre lot just a mile from Lake Okeechobee, this property boasts significant income potential. Each unit features individually metered electricity, and the park is equipped with four on-site septic tanks and city water connected to a single meter, resulting in low operating expenses. The property is fully fenced and benefits from newer metal roofs (approximately three years old) and central air conditioning and heating in each unit. The landscaping is nicely maintained, enhancing the overall appeal. For investors seeking even greater returns, a separate three-unit mobile home rental property with an on-site nursery is also available for a package sale, located on two parcels directly north of the five-unit park. This presents a unique opportunity to expand your portfolio and increase your income stream. The asking price for the five-unit park is $575,000. This property is located at 3431 SE 38th Ave, Okeechobee, FL 34974.

Location Insight

City

Okeechobee

County

Okeechobee

State

Florida

Latitude

27.2122

Longitude

-80.7904

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