Manufactured Home Community
For Sale
Contact for pricing
320 N Summit Dr, Holts Summit, MO 65043
Portfolio includes 175 community-owned manufactured homes across multiple parks, with about 61% currently occupied.
Property SizeContact for details
Days on Market142
Property Features for 320 N Summit Dr
General Information
Standard status
Active
Property subtype
Mobile Home Park
Additional Details
Utilities to Site
Yes
Listing Agency:
Newmark - Austin
Listed By:
Braden Weaver · License #TX 688693
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Austin
Investment Insights
Based on property information with market context.
This offering is a manufactured home community portfolio with 175 community-owned homes, approximately 61% of which are currently occupied. The portfolio is described as operating primarily on public utilities and currently managed by a single manager for the entire group. The communities include multiple parks, with one park identified as J&L where the community is approximately 87% economically occupied.
The three communities referenced are located within a 15-minute drive of each other in Jefferson City, Missouri, providing an owner a concentrated footprint. The offering also notes potential to add up to ten additional lots at the largest park in the portfolio (J&L).
According to the owner, manufactured housing demand is strong locally, and there is short-term potential for additional revenue tied to water/sewer recapture rate improvements and lot rent adjustments at several parks. The remarks describe potential incremental income at Apache, J&L, Meadowbrook, and Hilltop through moving tenants to stated market lot rents and increasing water/sewer recapture rates to 95%.
The three communities referenced are located within a 15-minute drive of each other in Jefferson City, Missouri, providing an owner a concentrated footprint. The offering also notes potential to add up to ten additional lots at the largest park in the portfolio (J&L).
According to the owner, manufactured housing demand is strong locally, and there is short-term potential for additional revenue tied to water/sewer recapture rate improvements and lot rent adjustments at several parks. The remarks describe potential incremental income at Apache, J&L, Meadowbrook, and Hilltop through moving tenants to stated market lot rents and increasing water/sewer recapture rates to 95%.
Key Highlights
- Portfolio includes 175 community‑owned manufactured homes across multiple parks, with about 61% currently occupied.
- Around $88,000 in short‑term additional revenue potential cited via lot rent increases and improved water/sewer recapture rates.
- J&L park cited at 87% economically occupied, with potential to add $61,220 in total income through lot rent and water/sewer recapture.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 65043, MO
10,244
Population
4,126
Households
2.5
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
58.1 sq mi
ZIP Area
176
Density / Sq Mi
$81,013
Median Household Income
$43,164
Median Earnings
$954
Median Rent
$209,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Portfolio includes 175 community-owned manufactured homes across multiple parks, with about 61% currently occupied.
Where is this mobile home & rv park located?
The property is located at 320 N Summit Dr Holts Summit, MO.
What are key features of this property?
This property features: Portfolio includes 175 community‑owned manufactured homes across multiple parks, with about 61% currently occupied.; Around $88,000 in short‑term additional revenue potential cited via lot rent increases and improved water/sewer recapture rates.; J&L park cited at 87% economically occupied, with potential to add $61,220 in total income through lot rent and water/sewer recapture.
