Mobile Home Park Details
- Listing ID: 1903811
- Posted On: Oct 6, 2022
- Updated On: Mar 6, 2023
Description
Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire the 24-site, Oak Ridge MHC. The 8.2 acres community features public utilities and is located in Kennett, Missouri.
Offering Site: https://www.crexi.com/properties/918961/missouri-oak-ridge-mhc
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a
Location
The community is located near expanding and historic MSA' Memphis.
Market Rents in the South have increased and continue to see a YOY gain as population grows, with Missouri growing 4.0%.
The Southern USA is the fastest growing region by population, outpacing even Western states with 10.2% growth since 2010 which accounted for nearly half of the country's overall population increase.
The community has infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.
Kennett, MO is a community of 10,000, located about an hour N. of Memphis, TN with strong seasonal housing demand in addition to traditional long term housing needs.
Offering Site: https://www.crexi.com/properties/918961/missouri-oak-ridge-mhc
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 24 |
| Total Occupancy: | 42.0 % |
| Size: | 8 acre(s) |
Utility Information
| Water: | City |
| Sewer: | City |