86-Space Value Add MHC - Joplin MO Metro 3962 Black Walnut Road, Sarcoxie, MO 64862

Off Market  

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1386443
  • Posted On: Feb 1, 2021
  • Updated On: Nov 15, 2021

Description

86-Space MHC with all public utilities and asphalt-paved roadways. Good mix of doublewide homes. Currently 52% overall occupancy with 26 of the park owned homes being vacant. Great value add opportunity since home inventory for infill is already onsite. Please contact Kris Wessel at NAI Martens for more info. Missouri broker of record Larry Goldman, CCIM of Goldman Investment Advisors.

Location

Located in the Joplin, Missouri MSA (210,000 population) in Sarcoxie, MO. Test ads for the property have been encouraging. Property manager reports that families chose this location as a mid-point when they have work or family connections to more than one of the larger cities nearby.

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Park Information

Community Type: All Age
Number of MH Lots: 86
Total Occupancy: 52.0 %

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 65

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