Current Use by Public Records
- Mobile home & RV parks
Property Details for 1338 Ashley Rd
- Lot size
- 12.51 lot acres
- Property type
- Mobile home & RV parks
Description
This well-maintained 109-space mobile home community presents a compelling investment opportunity near Columbia, Missouri. Located at 1338 W Ashley Rd, Boonville, MO 65233, this 12.51-acre property boasts a 60.6% occupancy rate, offering immediate cash flow and significant upside potential through continued infill. The park features attractive amenities including well-maintained asphalt roadways, professional entry signage, and an on-site management office housed in a park-owned home. The property generates ancillary income from RV rentals, adding to its overall profitability. Recent capital expenditures have been made to enhance the community's infrastructure and appeal. Only five homes are currently owned by the park, leaving ample room for future growth and increased revenue. All utilities are public, simplifying operations and reducing maintenance responsibilities. This is a turnkey operation with a proven track record and a clear path to increased profitability. The property's location near Columbia, MO provides access to a strong regional economy and a growing population base. Several new mobile homes have been added in recent years, demonstrating the community's appeal and the potential for continued expansion. This is an exceptional opportunity for investors seeking a stable, cash-flowing asset with significant growth potential in a desirable market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boonville
- County
- Cooper
- State
- Missouri
- Longitude
- -92.7618
- Latitude
- 38.952
