7650 Highway 78 W, Okeechobee FL 34971

$1,699,900

7650 Highway 78 W, Okeechobee, FL 34971

bedrooms

bathrooms

square feet

Acreage

2.5

Open Houses

year built

1984

Full Baths

Half Baths

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Cloverport MHP is located minutes from Lake Okeechobee, Kissimmee River and downtown Okeechobee with its dining and shopping, and less than 6 miles from the up-and-coming Bass Pro Resort. The park is a 27 lot/pad and 1 CBS studio apt. complex with laundry facilities. 6 units are park owned, 15 units are tenants owned (lot rent only), 1 unit is financed and there are 6 vacant pads. the complex sits on over 2.5 acres, with three entrances and sub-metered public water & septic. There are 5 brand new mobile one bedroom/one bath homes recently delivered and installed, estimated to rent for $1400 per month. The value-add lies in leasing the 6 vacant pads or installing new MH's at a cost of approx. $58,000 per unit providing a 9.5%-10% cap rate with an investment estimated at $348,000.

Location
Subdivision	-
County	Okeechobee County
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: F10449471

Listing agent: Peter Dacko #0600065

Listing broker: Media Realty & Advisors, Inc. (954) 923-2325

Last update: Wednesday, February 26 2025 at 6:14 p.m. EST

Kotohomes National