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102 Space MHC Portfolio - Moberly, MO 2 Properties Offered at $3,600,000 in Moberly, MO
Investment Highlights
- 102 Spaces
- City Plans Sewer Connection to Fox Hollow
- Pricing Includes Park-Owned Home Inventory
- 67.6% Occupancy
- All Other Utilities are Public
Executive Summary
102 Spaces total, portfolio of three mobile home communities in Moberly. Close proximity of the properties easily allows for shared management and vendors. At 67.6% occupancy, there is strong upside remaining on these properties, with 13 vacant park owned homes and 22 vacant sites. With a current rent roll of over $42K per month, there is abundant cash flow from in-place operations with opportunity for even more. The properties are on public utilities, except for the Fox Hollow location. However, the city plans a public sewer connection at that property, using an a grant program. MO broker of record: Larry Goldman, CCIM, Goldman Investment Advisors.
Property Facts
| Price | $3,600,000 | Number of Properties | 3 |
| Price / SF | $2,813 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,280 SF |
| Status | Active | Total Land Area | 14.96 AC |
| Price | $3,600,000 |
| Price / SF | $2,813 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 1,280 SF |
| Total Land Area | 14.96 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Stone's Court
1204-1212 S Morley St, Moberly, MO 65270 |
Land | 5.45 AC | - | - |
| 2726 Highway JJ, Moberly, MO 65270 | Specialty | 1,280 SF | 1965 | - |
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