100 Circle Dr Foley, MO 63347
Fairview Park, a 32-lot mobile home community in Foley, Missouri, presents a compelling investment opportunity. This all-age community sits on approximately 15 acres outside city limits, offering significant potential for expansion given existing infrastructure. The park currently boasts a mix of 8 tenant-owned homes (TOH), 20 park-owned homes (POH), and 4 rent-to-own (RTO) units. Generating an average monthly gross revenue of approximately $10,000, the park benefits from professional local management. All utilities are billed directly to residents. A recent rent roll is available upon request. The park is actively undergoing renovations, with completed units commanding a monthly rent of $1100 due to high local demand. Furthermore, the on-site wastewater treatment plant has undergone a complete rebuild within the last six months, featuring brand new pumps and lines, ensuring long-term operational efficiency. The asking price for this established and growing mobile home park is $995,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.