AUCTION SITE: https://rimarketplace.com/auction/2360/woody-s-mobile-home-park-el-dorado-springs-mo-kansas-city-springfield-msa-?utm_source=costar
Friedman Real Estate, in partnership with RI Marketplace, is pleased to present the exclusive marketing and sale of Woody’s Mobile Home Park, an 80-site mobile home community located in El Dorado Springs, MO, within the Kansas City–Springfield MSA. This property offers substantial value-add potential, including immediate opportunities to raise monthly lot rents, implement tenant utility billing, bring in and sell or lease new homes, and develop or sell the additional parcel included in the sale.
With an in-place NOI of approximately $100,000 at 37% occupancy and a proforma NOI of $330,000, this property presents a lucrative investment opportunity for investors looking to maximize returns. The community is connected to public water and utilities, ensuring reliable infrastructure for its residents.
El Dorado Springs, MO, offers a charming and welcoming atmosphere with a rich history, vibrant parks, and a friendly downtown featuring local shops and eateries. This creates a highly attractive setting for residents and visitors alike. This is a rare opportunity to unlock the full potential of a strategically located and well-connected mobile home community.
https://rimarketplace.com/auction/2360/woody-s-mobile-home-park-el-dorado-springs-mo-kansas-city-springfield-msa-?utm_source=costar