705 4Th St Stover, MO 65078
- Multifamily properties
- 1.32 lot acres
Current Use by Public Records
- End of the Trail RV Park / Rv Park
Property Details for 705 4Th St
- Lot size
- 1.32 lot acres
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a thriving RV and mobile home park situated on 1.32 acres at 705 W 4th Street, Stover, MO. The property boasts a diverse income stream generated from multiple rental sources, offering immediate return on investment. Currently, the park includes five furnished one-room cabins/tiny homes, each equipped with a kitchenette and bathroom, all currently rented. Thirteen RV sites are available, with three occupied by seller-owned RVs housing permanent renters, six occupied by full-time renters, and four available for nightly, weekly, or yearly rentals. Additionally, four seller-owned mobile homes are occupied by full-time renters. All sites benefit from recently upgraded infrastructure, including new PEX water lines and new electrical wiring and boxes. The park is conveniently connected to the Stover City Water and Sewer system, and a new lift station was installed in 2023 for the newer sites. Further enhancing the property's appeal is an on-site community laundromat complete with restrooms, showers, a television, and a small kitchen, accessible to all residents. The park's strategic location near schools, restaurants, and businesses ensures high occupancy rates and strong rental demand. This turnkey operation provides a unique opportunity for investors seeking a stable and profitable venture with existing tenants and residents. Financial details regarding current rental amounts are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stover
- County
- Morgan
- State
- Missouri
- Longitude
- -92.99973
- Latitude
- 38.44387
