107 Orval StElsberry, MO 63343
- Residential income properties
- 1.80 AC
Property Details for 107 Orval St
- Year built
- 1960
- Lot size
- 1.80 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Elsberry
- County
- Lincoln
- State
- Missouri
- Latitude
- 39.1813
- Longitude
- -90.7884
Comparable in this City
Similar Nearby for Sale
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