For Sale
$990,000

107 Orval St Elsberry, MO 63343

14-Unit Turnkey Investment

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional turnkey investment opportunity presents a 14-unit mobile home park situated on a 1.8-acre lot in Elsberry, Missouri. Located in Lincoln County, just 20 minutes from St. Charles County, this property boasts 100% occupancy and generates a substantial monthly income of $13,325. The park comprises 12 owner-occupied units and 2 pad-rental units. Landlord responsibilities include water, sewer, and trash services, while tenants are responsible for electricity. Built in 1960, the park features 14 single-story buildings, each with its own pad. The property is zoned residential and benefits from long-term tenants, resulting in an extremely low turnover rate and a strong capitalization rate. This fully operational mobile home park represents a rare and highly desirable investment opportunity, given the scarcity of similar properties on the market. The asking price is $990,000, translating to $70,714.29 per pad. The property's APN is 025016004003001. This is a private ownership opportunity. Don't miss this chance to acquire a stable and profitable income-generating asset.

Highlights

  • $990,000 asking price for a 14-unit mobile home park in Elsberry, MO.
  • 14 units on a 1.8-acre lot, generating $13,325 in monthly rent.
  • 12 owner-occupied units and 2 pad-rent units; landlord pays water, sewer, and trash; tenants pay electricity.
  • Low tenant turnover and a strong capitalization rate.
  • Rare opportunity; fully operational mobile home parks rarely become available.

Property Details for 107 Orval St

Property type
Mobile home & RV parks
Year Built
1960
Buildings
14
Stories
1
Lot Size (sq. ft)
78,408 SF
Units
14

Location Insight

City
Elsberry
County
Lincoln
State
Missouri
Latitude
39.1813253
Longitude
-90.7884365
107 Orval St, Elsberry, Missouri

FAQs

What type of property is this?
Mobile home & RV park - 14-Unit Turnkey Investment
Where is the mobile home & rv park located?
The property is located at 107 Orval St Elsberry, MO.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: $990,000 asking price for a 14-unit mobile home park in Elsberry, MO.; 14 units on a 1.8-acre lot, generating $13,325 in monthly rent.; 12 owner-occupied units and 2 pad-rent units; landlord pays water, sewer, and trash; tenants pay electricity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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107 Orval St
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