2053 Center St, Okeechobee, FL 34974 - Okeechobee County

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, while 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.

The 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.

SELLER FINANCING is available with favorable terms: 33% down, 6.5% interest, 15-year amortization, or 33% down, 7.9% interest-only, with a 5-year balloon. This well-maintained park offers an ideal opportunity for steady income in the heart of Okeechobee.