Calling all investors! Rare opportunity to own a 10.6+/- acre mobile home park located on Historic Route 66. This unique property currently has 10 leased pad spaces with ample room for expansion. With 3 separate entrances, this park could easily be doubled in size with minimal overhead. Current gross income is $33,000 per year but has the room to increase based on current market rents. There are 2 wells, and two lagoons serving the park. Easy access to I-44 and just miles from Cuba. All mobile homes are owned by tenants making for easy and minimal maintenance. Earning potential can be as high as 12% on this property. If you are ready to grow your investment portfolio, and have the opportunity to continue expanding, this is must see property!
Mls | 24069899 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active Under Contract |
Year | 2009 |
Days On Site | 31 |
Listing Provided By | Investment Real Estate Group | Patricia Watson |
Units | 10 |
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Acreage | 10.60 |
State | MO |
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County | Crawford |
City | Cuba |
Zip Code | 65453 |
Area | Crawford R 2 |
Community Name | N/A |
School District | Cuba High |
Elementary School | Cuba Elem. |
Middle School | Cuba Middle |
High School | Cuba High |
Listing VS Median (in N/A) | |
Price: $275,000 low | high Med: $245,450 On Site: 31 low | high Med: 61.000000 |