12.36% Cap Rate $185K NOI 100% Occupied RV Park, Apartments & SFH Portfolio Value-Add OpportunityBIG BASS LODGE AND RV PARK + Single Family Homes (SFH 5) 1069 MARINA LN & CRAMER LN MOORE HAVEN 33471Big Bass Lodge & RV Park is a… Read More stabilized, income-producing investment opportunity consisting of a diversified portfolio of apartment units, single-family homes, RV sites, and waterfront amenities located near Lake Okeechobee in Moore Haven, Florida.The property is currently operating at full occupancy and generates approximately $20,700 in monthly gross income with an estimated annual NOI of $185,352. The diversified tenant mix provides multiple income streams while reducing reliance on any single asset type.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.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
1
Last Updated
Property Type
Multi Family
Square Ft.
10,000
Lot Size
0.92 Acres
MLS Number
A12055445
Additional Details
Building
Toal building area: 10000
Lot
0.92 acres
Property
Zoning: Multifamily RV Park
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
