605 5th St Lot 4, Clinton, MO 64735-1677

This exceptional investment opportunity presents a stabilized, value-add mobile home park located at 605 N 5th St, Clinton, MO 64735. The property features four units, each currently occupied under a year-long lease, ensuring a consistent income stream. With a total of 3,656 square feet on a 14,712.5 square foot lot, the park boasts 100% occupancy as of December 21, 2023. The property's Net Operating Income (NOI) is $25,478, yielding a compelling 13.48% capitalization rate. Recent renovations (2023-2024) enhance the property's value and appeal. Individual utility metering simplifies management, minimizing operational complexities. The asking price is $189,000, translating to $51.70 per square foot. This prime location in Clinton, Missouri offers exceptional convenience and accessibility, making it an attractive investment for both seasoned and new real estate investors seeking a strong return. The property's strong performance and high occupancy rate make it a truly remarkable opportunity in the current market.