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Investment Highlights

  • Significant expansion potential — 4-acre parcel with room to add up to 12 additional pads
  • Unzoned parcel — no zoning restrictions, giving the buyer maximum flexibility
  • Extensive recent capital investment — current ownership has invested significantly in infrastructure and pad improvements, delivering a turnkey asset
  • All six units are park-owned

Executive Summary

1128 State Hwy 47 - Six well-maintained park-owned mobile homes on 4 acres in the heart of Lincoln County, one of Missouri's fastest-growing regions. Located along State Highway 47 with excellent visibility and easy access to Troy's expanding retail and employment corridor. Reason for sale is that the seller is looking to finance another project. Open to offers.
Other Highlights Include:
* City water and sewer — no well or septic risk, simplified operations, and infrastructure already in place to support expansion.
* Extensive recent capital investment — current ownership has invested significantly in infrastructure and pad improvements, delivering a turnkey asset with deferred maintenance already addressed. New high-efficiency heat pumps installed for all units within the past 3 years.
* Stable, long-term tenant base with consistent occupancy and reliable collections.
* High-growth submarket — Lincoln County has been among Missouri's fastest-growing counties, driven by St. Louis metro spillover and strong demand for affordable housing.
Additional Information:
* Seller may elect to complete the sale as part of an IRC Section 1031 tax-deferred exchange. Buyer agrees to cooperate at no additional cost or liability.
* Cash or qualified financing preferred
* Rent roll, T-12, and due diligence package available upon signed NDA
PLEASE DO NOT DISTURB TENANTS! Unit inspections will be possible with a signed purchase offer.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $604,164 CAD
Price Per Unit $100,694 CAD
Sale Type Investment
Cap Rate 11.20%
Sale Condition 1031 Exchange
Gross Rent Multiplier 7.2
No. Units 6
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Lot Size 4.06 AC
Building Size 7,104 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2015/2024
Zoning Unincorporated

Amenities

Site Amenities

  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 6 $1,373 CAD 1,100
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
145021000000032001
Land Assessment
$17,823 CAD
Improvements Assessment
$24,603 CAD
Total Assessment
$42,426 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40152834

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 1128 47, Troy, MO 63379

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