2201 Outer Rd Bates City, MO 64011

This exceptional investment opportunity presents a unique blend of commercial real estate uses in the thriving Kansas City metro area. Situated on 19.32 acres directly on I-70, across from a Love's Truck Stop, this property boasts high visibility and significant traffic flow. The complex includes a motel with 20 studio units (currently 95% occupancy, $440-$680/month rent), 12 cabin studio units (83% occupancy, $640-$700/month rent), and two condos ($1,000-$1,100/month rent). A mobile home park with 89 pads (21 park-owned, 1 tenant-owned, 6 vacant) generates substantial rental income ($525-$790/month). The RV park offers 23 full-service sites (with 5 more nearing completion), providing additional revenue streams. A 24-hour laundromat, recently upgraded, adds further income potential, averaging $1,500/month. Built in 1975 with ongoing renovations, the property features five single-story buildings totaling 841,579 square feet, with 180 parking spaces. The property is zoned for multifamily use, offering significant potential for future development. The current NOI is $268,359, with a pro-forma NOI of $362,745, resulting in a 9.94% cap rate and a pro-forma cap rate of 13.44%. The asking price is $2,700,000 ($3.21/sq ft, $30,337.08/pad). Seller financing may be possible. The property is not located in a flood zone and offers a compelling return on investment with significant upside potential. The property is located in Bates City, MO, 30 miles east of Kansas City.