Property profile

705 4Th St Stover, MO 65078

OFF-MARKET
Multifamily properties
Property ID
US48-2077996
1.32 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Multifamily properties
Lot 1.32 ac (57,499 SF)
UPID US48-2077996

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

705 4Th St Stover, MO 65078
Stover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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