Listing Summary
Downtown Okeechobee Multi-Family Portfolio! 6 units (two turn-key masonry triplexes) totaling 5,760 SF on 0.70 acres. Features identical 2BR/2BA layouts, recent roofs & HVACs, and ~12% upside to achieve $70k+ stabilized NOI. Priced at $193k/door—a rare value-add investment steps from Park Street!
Full Description
Turnkey Multi-Family Portfolio for Sale | Downtown Okeechobee, FL
Secure a high-yield investment opportunity in the heart of Okeechobee with this contiguous multi-family portfolio. Featuring two masonry triplexes on corner lots at the same intersection, this package totals 6 units across 5,760 SF on 0.70 acres. Situated just south of the vibrant Park Street corridor—downtown Okeechobee’s main spine—tenants enjoy walkability to Flagler Park, Okeechobee Main Street, and top local dining.
Effortless Operations & Value-Add Potential Designed for maximum efficiency, all six units feature an identical, low-maintenance 2BR / 2BA floor plan. With in-place rents currently ~12% below market rate, investors have a clear, executable upside strategy to reach a $70,022 stabilized NOI through standard lease turnover.
Quick Glance
- Listing ID:
CL-Florida-28217
- Status:
Active
- Year Build:
2002
- Building Size:
5,760 SqFt
- Lot Size:
0.70 Acr
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