1059 Marina Ln, Moore Haven FL 33471

Description

12.36% Cap Rate | $185K NOI | 100% Occupied | RV Park, Apartments & SFH Portfolio | Value-Add Opportunity BIG BASS LODGE AND RV PARK + Single Family Homes (SFH 5) 1069 MARINA LN & CRAMER LN MOORE HAVEN 33471 Big 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 property is currently operating at full occupancy and generates approximately $20,700 in monthly gross income with an estimated annual NOI of $185,352. The diversified tenant mix provides multiple income streams while reducing reliance on any single asset type. 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. Buyer and Buyer's Broker are encouraged to independently verify all information during the due diligence period.