Value-Add Investment Opportunity
$389,000
Listing Resources
Listing Description
73 Pad Mobile Home Park on 8.64 Acres, located 8 Miles from Downtown St. Louis, MO.
Currently, 4 Tenant Owned Homes are on Site and paying rent; All pads are individually metered. 10 +/- pads can be added on the East side of the lot.
Projected Gross Income of $194,000 when stabilized.
Sale Price: $389,000
Listing Details
Settings
Listing No : 2349
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Lot Size (Acres) : 8.64 Acre(s)
Sale Price : $389,000
Parcel No : 07-07.0-403-015/402-035/034
Zoning : Mobile Home Park
Zoning By : Cahokia
Complex : Lucky's Mobile Home Park
Property Tax : $4,596.04
Tax Year : 2019
Topography : Level
Total Units : 73
Total Acres Available : 8.64 Acre(s)
Min Divisible Acres : 8.64 Acre(s)
Frontage : 576 ft
Depth : 1,004 ft
Interstate : I-255, I-64, I-55/70
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James
Leopold - CCIM
- Office: 618-277-4400 Ext. 19
- Mobile: 618-581-1702
- jamesl@barbermurphy.com
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Steve
Zuber - CCIM, SIOR
- Office: 618-277-4400 Ext. 13
- Mobile: 314-409-7283
- steve@barbermurphy.com