Investment Summary
This park portfolio consists of 3 mobile home parks, all of which are within the city limits of Hamilton, MO. These parks are the only three mobile home parks in town, giving a new owner both potential scale in the area, as well as lower competition.
The properties are all on public utilities, with tenants paying all utilities directly. Obtainable and realistic upside exists in raising lot rents, selling park owned homes on contract, advertising RV spaces more effectively, and infilling vacant mobile home lots in order to fill the housing demand in the community.
Tenants pay all utilities directly and are responsible for their own lawn care.
Seller financing is an option for qualified investors. Terms negotiable
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Portfolio Overview
This Portfolio is located in Hamilton, MO. The portfolio consists of 40 developed Mobile Home Lots, 14 of which are currently being used as RV lots. There is also the potential to put in additional lots at two of the properties.
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Area Employers
Hamilton, MO is located in the Kansas City, MO MSA. Hamilton, MO is the home of Missouri Star Quilt Co. which employs over 450 people. The company recorded over $20 million in sales last year and is heavily invested in the town.
Personal Property
Sellers are willing to include a Mobile Home Toter with the sale of the property.
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MO Broker of Record Details
MO Broker of Record - Theresa J Dalton
License #: 1999017700