Description
12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity Big 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 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.
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01/2 BATHS
School Ratings & Info
Description
12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity Big 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 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.
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