3956 Tantra Court - Manufactured Housing/Mobile Housing FOR SALE


Imperial, MO 63052
$750,000 USD
573-760-9956
3956 Tantra Court, Imperial, MO for Sale
$750,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/21
null | 9.09% Cap Rate

3956 Tantra Court
Imperial, MO 63052


HIGHLIGHTS

  • Close Location to 21 Hwy.
  • only 18 miles from interstate 270
  • Clean mobile park with room to grow.

OVERVIEW

Valle Acres Mobile Home Park presents an outstanding investment opportunity with immediate cash flow and exceptional upside potential. Priced at $750,000, with a 9% + Cap rate, current annual NOI of $68,203 this 18-lot manufactured home community is a true value-add asset offering a clear path to increased income without requiring a major turnaround. The property consists of 17 mobile home sites plus a leased garage/storage building, with 11 lots currently occupied and significant room for expansion. Two additional lease-ups are already in progress, while six more prepared lots are ready for homes to be placed, creating a straightforward opportunity to substantially increase revenue. At full occupancy, the park has the potential to generate approximately $156,000 in annual gross income, supporting a value well in excess of $1 million. Operating expenses remain exceptionally low at approximately $22,500 annually, resulting in an impressive expense ratio of just 22–25%, well below industry averages. The community is served by a private well, public sewer, and benefits from a recently negotiated lower-cost trash contract. An additional undeveloped section of the property provides even more upside, ideal for RV, boat, vehicle, or tenant storage, creating an attractive ancillary income stream. Complete rent roll and financial package are available for qualified buyers. Whether you're looking to expand your portfolio or invest in a high-potential income property, Valle Acres offers immediate returns with tremendous long-term growth potential.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

11

PRICE/UNIT

$68,182

CAP RATE

9.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valle Acres Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

-

APN/PARCEL ID

02-8.0-33.0-0-000-004

ASK ABOUT THIS PROPERTY

Richard DeasonKeller Williams Realty PlatinumMore Info
573-760-9956

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Richard DeasonKeller Williams Realty PlatinumMore Info
573-760-9956

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.