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$699,900
Est. payment /mo
3.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Us Surv #1974
MLS Listing ID 26046894
Year Built 2006
Annual Tax Amount $6,933
Lot Size 3.640 Acres
Acres 3.64
Property Description
Valle Acres Mobile Home Park presents an outstanding investment opportunity with immediate cash flow and exceptional upside potential. Priced at $750,000, with a 9% + Cap rate ,this 11-lot manufactured home community is a true value-add asset offering a clear path to increased income without requiring a major turnaround. The property consists of 11 mobile home sites plus a leased garage/storage building, with 11 trailers/lots currently rented additional lease-ups are already in progress. Current Gross income is $95,725 Net Operating income is $73,268. Operating expenses remain exceptionally low at approximately $22,500 annually, resulting in an impressive expense ratio of just 22–25%, well below
industry averages. The community is served by a private well, public sewer, and benefits from a recently negotiated lower-cost trash contract. An additional
undeveloped section of the property provides even more upside, ideal for RV, boat, vehicle, or tenant storage, creating an attractive ancillary income stream. Complete rent roll and financial package are available for qualified buyers. Whether you're looking to expand your portfolio or invest in a high-potential income property, Valle Acres offers immediate returns with tremendous long-term growth potential.
industry averages. The community is served by a private well, public sewer, and benefits from a recently negotiated lower-cost trash contract. An additional
undeveloped section of the property provides even more upside, ideal for RV, boat, vehicle, or tenant storage, creating an attractive ancillary income stream. Complete rent roll and financial package are available for qualified buyers. Whether you're looking to expand your portfolio or invest in a high-potential income property, Valle Acres offers immediate returns with tremendous long-term growth potential.
Location
State MO
County Jefferson
Area 390 - Seckman
Interior
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Connected
View Y/N No
Building
Water Shared Well
Structure Type Unknown
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://listings.uniqueperspectivemedia.com/sites/elvqyzko/unbranded
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Listed by Donyel Burns • Keller Williams Realty Platinum
NEARBY SCHOOLS & PROPERTIES
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