2201 Outer Rd, Bates City, MO 64011-8259
- Mobile home & RV parks
- 1,875 SF
- 4.00 lot acres
Current Use by Public Records
- Bates City Mobile Home and RV Park / Campground & RV Park
- MBH Midwest Home Improvement LLC / Construction Company
Property Details for 2201 Outer Rd
- Year built
- 1970
- Lot size
- 4.00 lot acres
- Property type
- Mobile home & RV parks
- APN
- 13-7.0-36-0-000-005.000
- APU
- 1370360000005000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 7, 2025 | — | Midwest Management & Holdings LLC | Midwest Management & Holdings LLC | Deed · related | — |
| Jan 26, 2024 | — | Midwest Management & Holdings LLC | — | Deed · related | $400k · Bank Of Odessa |
| Dec 4, 2020 | — | Holdings Mgmt&hldgs LLC | — | Deed · related | $1.4M · Bank Of Odessa |
Description
This exceptional investment opportunity presents a unique blend of commercial real estate uses in the thriving Kansas City metro area. Situated on 19.32 acres directly on I-70, across from a Love's Truck Stop, this property boasts high visibility and significant traffic flow. The complex includes a motel with 20 studio units (currently 95% occupancy, $440-$680/month rent), 12 cabin studio units (83% occupancy, $640-$700/month rent), and two condos ($1,000-$1,100/month rent). A mobile home park with 89 pads (21 park-owned, 1 tenant-owned, 6 vacant) generates substantial rental income ($525-$790/month). The RV park offers 23 full-service sites (with 5 more nearing completion), providing additional revenue streams. A 24-hour laundromat, recently upgraded, adds further income potential, averaging $1,500/month. Built in 1975 with ongoing renovations, the property features five single-story buildings totaling 841,579 square feet, with 180 parking spaces. The property is zoned for multifamily use, offering significant potential for future development. The current NOI is $268,359, with a pro-forma NOI of $362,745, resulting in a 9.94% cap rate and a pro-forma cap rate of 13.44%. The asking price is $2,700,000 ($3.21/sq ft, $30,337.08/pad). Seller financing may be possible. The property is not located in a flood zone and offers a compelling return on investment with significant upside potential. The property is located in Bates City, MO, 30 miles east of Kansas City.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Bates City
- County
- Lafayette
- State
- Missouri
- Longitude
- -94.071
- Latitude
- 39.0129
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
