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32628739
32628737

2010 ANTIRE RD, HIGH RIDGE, MO 63049-1206

JR
ND 00000
eXp Commercial
Listed by eXp Commercial
$550,000
39 days on market
Updated 6 days ago

Antire Valley Estates

Details
APN 03200300000016
Property Type Mobile Home Park
Units 16
Cap Rate 8.20%
NOI $55,334
Occupancy 56.25%
Pro-Forma Cap Rate 14.80%
Pro-Forma NOI $99,879
Class C
Year Built 1954
Stories 2
Acreage 6.900
Investment Type Value Add

16 Unit Mobile Home Community | Below market rents | Located in St Louis MSA with 8.31% Entry COCR

Marketing description

TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT JAMARI RIDORE WITH ANY QUESTIONS [email protected]

The MHP Value Team is pleased to offer for sale Antire Valley Estates, a 16-unit mobile home and multifamily community located in High Ridge, Missouri, within the greater St. Louis MSA.

The property currently consists of three occupied Park-Owned Homes averaging $667/M, five occupied apartment rentals averaging $800/M, and seven vacant sites all equipped with full infrastructure. This asset offers immediate in- place cash flow with significant operational upside through unit renovations and infill. The value-add strategy for Antire Valley Estates centers around remodeling the existing Park-Owned Homes and apartment units to bring rents closer to market levels, while simultaneously infilling the seven vacant lots to increase occupancy and overall revenue. Given the property’s location within the St. Louis metro, an investor, has the ability to push lot rents toward the $400+/M range as additional homes are brought into the community. This investment presents an opportunity to acquire a mixed-use community with both stabilized income and clear value-add potential through improved operations, renovations, and infill execution.

Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.

Investment highlights

  • Located within the St. Louis MSA, providing access to one of the Midwest’s largest and most stable employment bases

  • Seven vacant mobile home lots already equipped with infrastructure, providing immediate infill upside without major utility expansion costs

  • Diversified income stream consisting of Park-Owned Homes and apartment rentals

  • In place COCR of 8.31%; offered at an 8.2% Cap Rate

  • Market lot rents throughout the surroundingSt. Louis metro commonly exceed$400+/month, supporting future rent growth potential at the property

Listing Contacts

JR
ND 00000
eXp Commercial
Listed by eXp Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$55,334.00
$4,611.17/mo

Valuation Metrics

0
DSCR
10.06%
Cap Rate
10.06%
ROI

Map

Zoning

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PM PlannedPlanned Mixed Use District
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Last updated Jan 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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