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Mobile Home Park

East Village MHP

201 Clements St, Dexter, MO 63841

Listing Price: $840,000

Cap Rate
9.32%
Number of Spaces
27
Lot Size
4.01 acres
Occupancy
67.0%
Price/Space
$31,111
Spaces/Acre
6.73
Year Built
1969

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Dexter, MO. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE EAST VILLAGE MHP.

Investment Highlights

  • $77,664 spent on capital expenditures in the last 36 months
  • The park is well-known in the community and very little advertising is needed as the park receives calls daily
  • One of the city's major employers, Tyson Foods, is located nearby which attracts a lot of attention from employees for the short commute

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Mobile Home Park

East Village MHP

Listing Price: $840,000

Cap Rate
9.32%
Number of Spaces
27
Lot Size
4.01 acres
Occupancy
67.0%
Price/Space
$31,111
Spaces/Acre
6.73
Year Built
1969

Investment Highlights

  • $77,664 spent on capital expenditures in the last 36 months
  • The park is well-known in the community and very little advertising is needed as the park receives calls daily
  • One of the city's major employers, Tyson Foods, is located nearby which attracts a lot of attention from employees for the short commute

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Dexter, MO. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE EAST VILLAGE MHP.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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