422 E Fountain Rd - Manufactured Housing/Mobile Housing FOR SALE
Joplin, MO 64801 |
$3,000,000 USD
954-902-5248
422 E Fountain Rd
Joplin, MO 64801
HIGHLIGHTS
- 122 Total Sites: 33 Park-Owned Homes (POH), 19 Tenant-Owned Homes (TOH), 1 RV Site, 15 Vacant Lots
- 53 Additional Vacant Sites: Fully developed in 2011 with 200 AMP utilities — ready for mobile home infill or RV conversion
- City Utilities: Water & sewer connected; opportunity to implement direct billing (currently included in rent)
- Upgraded Systems: Lift station with two new pumps (installed 2023 & 2024)
- Value-Add Opportunity: Increase occupancy and explore mixed-use RV/MH development
- Stable Tenancy: Screened residents with strong payment history
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the Fountain Rd Park Village, Located at 422 & 522 E Fountain Road. An Excellent Opportunity to Acquire Two Adjacent Mobile Home Parks in Joplin, MO, Offering Strong Existing Cash Flow With Significant Upside Potential.
In Cooperation With Sands Investment Group, Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
FOR SALE DETAILS
PRICE
$3,000,000 USD
PRICE/SF
$25 USD /SF
# OF UNITS
122
PRICE/UNIT
$24,590
CAP RATE
Request Cap Rate
% LEASED
44%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fountain Rd Park Village
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
PARKING SPACES
-
LAND DETAILS
LAND ACRES
15.33 AC
LAND SF
667,775 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
954-902-5248
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
954-902-5248
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
