$1,299,992

$361/sq ft

$7
Price Decreased

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Overview

Year Built

1972

Sqft

3600

Property Type

Quadruplex

Property Description

Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. This is a 10-room motel currently at capacity, complemented by existing RV/manufactured home lots located to the rear and side of the property. The attached rent roll reflects three recent vacancies that were filled over the weekend with long-term local tenants, stabilizing occupancy. The current owner is in the process of adding seven additional seven (7) RV/manufactured home sites, including electrical and plumbing infrastructure. There is an adjacent portion of land historically utilized for RV placement for over 20 years, though part of that area may involve state ownership. This will require proper due diligence to confirm legal use and future entitlement. If validated, it presents meaningful expansion potential beyond the current footprint. Rent roll is available upon request and signed NDA.

Property Details

MLS#

A12028213

Total Floor in Bldg

1

Address

1422 US Highway 441

City

Okeechobee

State/county

FL

Zip/Postal Code

34974

Area

Kickback Inn & Rv Park Mhp

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,000

Maint Fee

$--

Tax Year

2026

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Boris Gelfand