Contact Information

Mobile Home Park Details

  • Price: $1,500,000
  • Cap Rate: 7.1%
  • Listing ID: 6729637
  • Posted On: Sep 16, 2024
  • Updated On: Sep 16, 2024

Description

Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342

Sands Investment Group is Pleased to Exclusively Offer For Sale Myetta Meadows Located at 27 Sunrise Terrace Drive in Camdenton, MO. This Deal Includes 41 Total Lots, Comprising 17 Park Owned Homes, 13 Tenant Owned Homes and 11 Vacant Lots. Also, a Value-Add Opportunity to Infill Vacant Lots, Increase Rents & Utilize Vacant Acreage to Provide For a Secure Investment.

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Park Information

Community Type: All Age
Number of MH Lots: 41
Total Occupancy: 73.0 %
Size: 23 acre(s)

Financial Information (Actual)

Gross Income: $182,520
Operating Expense: $76,039
Net Operating Income: $106,481
Expense Ratio: 41.7 %

Utility Information

Water: City
Water Paid By: Tenant - RUBs

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