Mobile Home Park for sale - for Sale in Granby, Missouri
200 W. Cedar Street
Granby, MO 64844
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Mobile Home Park for Sale |
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| Number of MH Lots: | 51 |
| Size: | 8 acre(s) |
| Purchase Method: | Cash, Seller Financing, New Loan |
| Status: | Sale Pending |
| Property ID: | 68453 |
| Posted on: | Mar 24, 2011 |
| Updated on: | Mar 12, 2012 |
Property Description
This seven acre, 51 sites, very well maintained and gorgeous mobile home park, has beautiful rolling hills surrounded by trees on 3 sides, making for a ideal country setting.
The park has 51 approved sites with all underground utilities- city water, municipal sewage, electric and phone (no septic tanks or wells). All the roads are paved in the park, locking mail boxes are provided at the front. The lots are approximately 50'x100' and are individually metered with city utilities. Trash is collected by the city at each lot and is paid for by the tenants, each tenant also is responsible for mowing his or her own lawn. Careful selection of residents has created a nice neighborhood with long term residents. This park requires very little management time, there's huge upside potential. It is located in Granby City Limits in Southwestern Missouri, Newton County only 15 minutes from Joplin, and 61 miles from Springfield, Missouri.
The park is approved for both single/double wide mobile homes, as well as RV’s. The park is situated on seven acres.
An additional one acre is also included in the deal. This acre is adjacent to the park and it is currently approved by the city for self-storage/garage units construction if desired by the new owner.
This park is close to three major fishing lakes and golf courses. Just under 90 miles from Tulsa, OK and less than 160 miles from Kansas City, MO, that makes the park a great location with so much potential for the future buyer.
The park currently has seven individually owned homes with excellent tenants. Monthly lot rent is $100, with potential income of 60,000.00+/year @ full occupancy.
The park community offers a great country feel with mature trees and landscaping; quiet setting with great views (see attached photos).
As an absentee owners we are not able to get the park to its full potential, that's why we are putting the park up for sale. If you have the time and skills but not the capital, we would consider a lease or park management agreement for a certain percentage of each new lot rent. Call for more details.
The park taxes are attractively low, $640 per year.
Sale price is reduced to $249,000.00 USD
For more information/photos or details email us at: bjanadri@gmail.com or call: 417-454-4985 to talk to Amanda for more information and to answer all your questions.
Profit/Expense list:
Annual Income at the current occupancy rate:
Rent $7,200.00 (for the six existing homes).
Annual Expenses:
Insurance: $577.50
Property tax: $640.00
Location Description
April Homes Mobile Home Park
200 W. Cedar Street,
Granby, MO 64844.
417-454-4985
Park Information
| Number of MH Lots: | 51 |
| Total Occupancy: | 12.0% |
| Year Built: | 1996 |
| Average MH Lot Rent: | $100 |
| Size: | 8.0 acre(s) |
Financial Information (Actual)
| Gross Income | $7,200 |
| Operating Expense | $3,500 |
| Net Operating Income | $3,700 |
| Expense Ratio | 48.6% |
| Debt Info |
Lot Information
| Singlewide Lots: | 51 |
| Doublewide Lots: | 51 |
RV Information
| Number of RV Lots: | 51 |
| Average RV Lot Rent: | $100 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Amenities and Other
| Storage: | Yes |






