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    OFF-MARKET
    Multifamily properties

    6696 Old Rte, Cuba, MO 65453

    10.6 ac lot Built 2009
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.6-acre mobile home park presents a rare investment opportunity along historic Route 66 in Cuba, Missouri. Currently boasting 10 leased pad spaces, this property offers significant expansion potential. Three separate entrances allow for easy doubling of the park's capacity with minimal additional infrastructure costs. The park generates a current gross annual income of $33,000, with substantial room for growth based on prevailing market rental rates. Two wells and two lagoons provide ample water resources for the park's residents. Conveniently located near Interstate 44, this property enjoys excellent accessibility. All mobile homes are tenant-owned, minimizing maintenance responsibilities and maximizing the return on investment. The property's earning potential is estimated as high as 12%, making it an attractive addition to any investment portfolio. This turnkey operation is ready for an investor seeking immediate income and long-term growth opportunities. The property's location on Route 66 adds a unique historical element, potentially attracting a wider range of tenants. This is a must-see property for discerning investors seeking a high-yield, low-maintenance investment with significant upside potential.

    Property profile
    Verified
    Property type Multifamily properties
    Year built 2009
    Lot 10.6 ac (461,736 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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