Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 4189374
  • Posted On: Dec 20, 2023
  • Updated On: Mar 26, 2024

Description

Two properties located at:
1209 Providence Road and 2408 Highway EE - Kennet, MO 63857

1209 Providence Rd :
5 Acres
Gravel and Asphalt Roads
36 Lots
30 total homes
28 Park Owned
2 Tenant Owned
Utilities
City Electric - above ground
Well Water
City Sewer

2408 Highway EE
2.6 Acres
Gravel Roads
24 Lots
12 Total Homes
2 Park Owned
10 Tenant Owned
Utilities
City Electric and Gas
County Water - Separately Metered
Sewer - City - Separately Metered

Location

Kennett, MO is located about an hour North of Memphis, TN, with strong seasonal & long term housing demand. The community is located near expanding and historic MSA Memphis. Included is a commercial building which was previously used as a Mexican restaurant (1,506 sq/ft).
The community has infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.

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