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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Big Bass Lodge Rv Park + F
MLS Listing ID A12055431
Year Built 1972
Annual Tax Amount $15,000
Tax Year 2025
Property Sub-Type Quadruplex
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.
Location
State FL
County Glades
Interior
Heating Central, Electric, Separate Meters
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Laminate
Exterior
Utilities Available Cable Available
Waterfront Description Canal Front,Lake Front
Roof Type Metal
Building
Lot Description 1-2 Acres
Dwelling Type Multi Family
Story 1
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/APCYLx4OIEU
Listed by Richard Feldman Miami Waterfront Realty
NEARBY SCHOOL & BUSINESS
7875 NW 57th St # 25497, Tamarac, Florida,, 33351, United States