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Heaven Breeze 55+ Community 3311 Southeast 33rd Terrace, Okeechobee, FL 34974

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Mobile Home Park Details

  • Listing ID: 1441626
  • Posted On: May 20, 2021
  • Updated On: Dec 1, 2021

Description

55+ Mobile Home Park with 31 lots. Mobile homes and RV space. All are tenant owned. City water. all spaces are metered, septic all working good. Lot rent $365, expecting increase to $385 on August 1st. 87% Occupied. Excellent Investment Property!

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Park Information

Number of MH Lots: 31
Total Occupancy: 87.0 %
Average MH Lot Rent: $385

Financial Information

Gross Income: $121,049
Operating Expense: $44,098
Net Operating Income: $76,951
Expense Ratio: 36.4 %

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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