This property consists of 6 manufactured home pads and 7 RV pads. It is situated within the city limits of Knob Noster, MO and is serviced by public utilities.
The manufactured home tenants are responsible for the payment of their water, sewer, electric, and gas bills, while the RV tenants have these utilities paid for by the park owner.
The trash collection bill is paid for by the park owner for both the manufactured home tenants and the RV tenants.
The roads surrounding the community are owned and maintained by the city of Knob Noster, but the road that runs through the park is owned and maintained by the park owner.
Occupancy Breakdown
There are currently 5 manufactured home tenants and 5 RV tenants that live in the community.
Of the 5 manufactured home tenants, 3 are on rent-to-own contracts and the other two homes are owned by the park.
The RV tenants are a mix of long and short term tenants. _____________WHEN DID THEY MOVE IN??
HVAC Replacement in RTOs
It is written in the rent-to-own contracts that the sellers are responsible for the replacement of the HVAC units in the RTO homes, when they are no longer operable. Currently, 1 has been replaced. There are still 2 more HVAC units needing to be replaced when they are no longer functional. This responsibility will be transferred down to the new owners.
Nearby Management
There is a manager that lives nearby the property, but they will likely not continue managing operations after the sale of the community.
The manager is currently responsible for lawncare and snow plowing.
