About 1422 Us Highway 441 Way 32
Stabilized income producing property. Two parts: Hotel/Motel/Long Term Apartment Building and RV Manufactured Homes Park. Two in One. This is a 9-room motel currently being expanded to 10 rooms, 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. FAQ: https://tinyurl.com/4bffzuvx
Features of 1422 Us Highway 441 Way 32
| MLS® # | M20054730 |
|---|---|
| Price | $1,298,000 |
| Acres | 1.39 |
| Year Built | 1972 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Active |
Community Information
| Address | 1422 Us Highway 441 Way 32 |
|---|---|
| Area | 6220 SE Okeechobee County |
| Subdivision | Okeechobee |
| City | Okeechobee |
| County | Okeechobee |
| State | FL |
| Zip Code | 34974 |
Amenities
| Parking Spaces | 100 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Electric, Individual |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | 1.387 Acres |
|---|---|
| Construction | Block, Frame, Manufactured, Concrete |
Listing Details
| Office | Miami Waterfront Realty |
|---|