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Fountain Rd Park Village 422 E Fountain Rd 122 Unit Mobile Home Park $3,000,000 ($24,590/Unit) Joplin, MO 64801
INVESTMENT HIGHLIGHTS
- 122 Total Sites: 33 Park-Owned Homes (POH), 19 Tenant-Owned Homes (TOH), 1 RV Site, 15 Vacant Lots
- City Utilities: Water & sewer connected; opportunity to implement direct billing (currently included in rent)
- Value-Add Opportunity: Increase occupancy and explore mixed-use RV/MH development
- 53 Additional Vacant Sites: Fully developed in 2011 with 200 AMP utilities — ready for mobile home infill or RV conversion
- Upgraded Systems: Lift station with two new pumps (installed 2023 & 2024)
- Stable Tenancy: Screened residents with strong payment history
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the Fountain Rd Park Village, Located at 422 & 522 E Fountain Road. An Excellent Opportunity to Acquire Two Adjacent Mobile Home Parks in Joplin, MO, Offering Strong Existing Cash Flow With Significant Upside Potential.
In Cooperation With Sands Investment Group, Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
In Cooperation With Sands Investment Group, Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
PROPERTY FACTS
| Price | $3,000,000 | Building Class | C |
| Price Per Unit | $24,590 | Lot Size | 15.33 AC |
| Sale Type | Investment | Building Size | 122,000 SF |
| No. Units | 122 | Average Occupancy | 44% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 2019 |
| Price | $3,000,000 |
| Price Per Unit | $24,590 |
| Sale Type | Investment |
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 15.33 AC |
| Building Size | 122,000 SF |
| Average Occupancy | 44% |
| No. Stories | 1 |
| Year Built | 2019 |
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Fountain Rd Park Village | 422 E Fountain Rd
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