12.36% Cap Rate $185K NOI 100% Occupied RV Park, Apartments & SFH Portfolio Value-Add OpportunityBig Bass Lodge & RV Park is a stabilized, income-producing investment opportunity consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located… Read More near Lake Okeechobee in Moore Haven, Florida.The portfolio includes a 9-unit CBS apartment building, multiple single-family rental homes, income-producing RV sites, common laundry facilities, carports, gazebo, and a private dock with canal frontage. The property benefits from municipal water service, Glades Electric, and on-site management.Investors will appreciate the significant value-add potential. The existing apartment building can be expanded from 9 to 11 units, and additional land on Cramer Lane offers the opportunity to develop additional RV sites, manufactured homes, container homes, tiny homes, or single-family residences, subject to buyer verification and approvals.The sale includes multiple contiguous parcels located on Marina Lane and Cramer Lane, creating flexibility for future expansion while maintaining strong in-place cash flow.Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period. Read Less
Courtesy of Miami Waterfront Realty 305-970-2884
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Year Built
1972
MLS Number
A12055431
Additional Details
Building
Built in 1972, Construction materials: Block
Cooling
Ceiling Fan(s), Central Air, Electric
Floors
Laminate
Water Features
Waterfront features: "Canal Front", "Lake"
Heating
Separate Meters, Central, Electric
Property
Zoning: MULTIFAMILY RV PARK
Roof
Metal
Sewer
Public Sewer
Taxes
Annual amount: $15,000
Utilities
Cable Available
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