2408 HWY EE Kennett MO 63857

Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire the 24-site, Oak Ridge MHC. The 2.6 acre community features public utilities and is located in Kennett, Missouri.

The asking price for the property is $275,000 ($11,458/lot)

Short-term owner financing available at an asking price of $300,000 ($12,500/lot). Terms negotiable.

• 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.