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2408 State Route EE
Kennett, MO 63857
Oak Ridge MHC · Multifamily Property For Sale · 516 SF

INVESTMENT HIGHLIGHTS

  • The community is located near expanding and historic MSA Memphis.
  • The Southern USA is the fastest growing region by population, outpacing even Western states with 10.2% growth since 2010.
  • Kennett, MO is a community of 10,000, located about an hour N. of Memphis, TN with strong seasonal & long term housing demand.
  • Market Rents in the South have increased and continue to see a YOY gain as population grows, with Missouri growing 4.0%.
  • The community has infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Lot Size 8.29 AC
Building Size 516 SF
Average Occupancy 42%
No. Stories 1
Year Built 1969
  • Listing ID: 26799006

  • Date on Market: 10/7/2022

  • Last Updated:

  • Address: 2408 State Route EE, Kennett, MO 63857

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