Okeechobee Portfolio

Okeechobee Portfolio

Okeechobee, FL
Available
  • Property Type: Manufactured Housing
  • Property Size: / 4 Acres / 72 Sites

Overview

Capstone Manufactured Housing is pleased to present the Okeechobee FL Portfolio, which consists of two RV communities: Lakeside Village RV Resort and Southern Sun RV Resort. Both communities are located on Lake Okeechobee, which is considered Florida’s “inland sea”, as demonstrated by the high demand for boating and freshwater fishing attractions. Each community offers amenities packages tailored to boating and fishing, which is an appealing bonus for the residents.

The portfolio benefits from mostly long-term RV residents, providing a more stable resident base due to the low turnover. Due to the long-term nature of the residents, an owner can operate the portfolio similarly to a mobile home park. Additionally, the communities are a short 12-minute drive from each other, allowing for shared staffing between the parks. This offering presents the unique opportunity to purchase 2 waterfront RV parks with rental upside on Lake Okeechobee.

Investment Highlights

  • Majority Long Term RV Residents
  • Immediate Value-Add Opportunity: Below Market Rents, Paid Laundry, Submeter Water, Eliminate Prepay Discount
  • Waterfront Communities
  • On-Site Amenities
  • Close Proximity, Shared Staffing

Contact Information

Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Senior Advisor P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Brian Hummell Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
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