Country Home Estates
Mobile Home Park
Marketing description
29 lot MHP offers a value-add investment opportunity with strong upside potential through rent increases, vacant lot infill, and utility pass-throughs. With infrastructure already in place and room for expansion, this park is a smart buy in a growing Missouri market.
Investment highlights
✨ Property Overview:
🛏 29 Lots
🏘️ 21/29 Occupied – 72% occupancy
📈 8 Vacant Lots – Untapped potential; never occupied in 35+ years
🏡 3 Tenant-Owned Homes (TOH)
🏠 18 Park-Owned Homes (POH)
🔧 Utilities:
💧 City Water
💩 Private Sewer (3-cell lagoon)
💵 Financial Highlights:
💲 Lot Rent: $200 (Market: $350–$375)
💲 POH Rent: $750 (Market: $850)
🚛 Utilities & Services Included: Water, Sewer, Trash, Lawncare & Maintenance
📅 Estimated 2024 Total Rental Income: $132,091
🧾 Operating Expenses:
🛡️ Insurance: $5,427
🧾 Taxes: $3,460
💧 Water: $16,244
⚡ Electricity: $381
📄 Lagoon Permit: $300
🌿 Lawn Care: $7,650
🗑️ Trash: $2,097
💰 Total Expenses: $35,560
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