1069 Marina Ln & Cramer Lane, Moore Haven, FL Not Provided

$1,294,900

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List Price
$1,294,900
Price Change
▼ $90 1788261530
MLS#
A12055431
Subtype
Quadruplex
County
Glades
Subdivision
Big Bass Lodge Rv Park + F
Region
5940 - Other Florida County
Year Built
1972

Property Description

12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add OpportunityBig 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.

Additional Information

Heating
Central, Electric, Separate Meters
Cooling
Central Air, Ceiling Fan(s), Electric
Roof
Metal
Sewer
Public Sewer
Parking Spaces
100
Flooring
Laminate
Construction
Block

Listing courtesy of Miami Waterfront Realty. Contact:

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