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Southside Acres Mobile Home and RV Park 1505 S Saint Louis St Mobile Home Park $1,276,408 CAD 9.34% Cap Rate Concordia, MO 64020
INVESTMENT HIGHLIGHTS
- The property consists of 18 total sites, including a balanced mix of 8 tenant-owned homes (TOH), 8 park-owned homes (POH), 3 RV sites.
- An on-site coin-operated laundry facility generates supplemental income while serving as a valued amenity for residents.
- The property is conveniently located near Concordia’s primary employment base, including manufacturing, logistics, healthcare, and agricultural.
- The community is serviced by city water and sewer. All utilities, including electric, gas, and water, are separately metered & direct-billed to tenant
- The property is approved by the city for the development of up to 20 additional lots. Engineered plans are included, offering a clear path for future.
- Residents benefit from close access to grocery stores, pharmacies, schools, medical facilities, and daily retail services within Concordia.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 4.15-acre Southside Acres Mobile Home and RV Park, located at 1505 S Saint Louis Street in Concordia, Missouri. The property features 18 income-producing lots comprised of tenant-owned homes, park-owned homes, and RV sites, creating a diversified and durable revenue base supported by long-term residential occupancy. Operational efficiencies are enhanced by city water and sewer, with all utilities separately metered and direct-billed to tenants, while an on-site coin-operated laundry provides supplemental income. Additionally, the park is approved for up to 20 additional lots, offering a clear path for expansion and long-term value creation.
In Cooperation With Sands Investment Group Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
In Cooperation With Sands Investment Group Missouri, LLC - Lic. #2019044754 BoR: Tom Gorman - Lic. MO #2023012377
PROPERTY FACTS
| Price | $1,276,408 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 4.15 AC |
| Cap Rate | 9.34% | Building Size | 18,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 2000 |
| Price | $1,276,408 CAD |
| Sale Type | Investment |
| Cap Rate | 9.34% |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.15 AC |
| Building Size | 18,000 SF |
| No. Stories | 1 |
| Year Built | 2000 |
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PROPERTY TAXES
| Parcel Number | 19-2.0-09-2-000-060.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $13,680 CAD |
PROPERTY TAXES
Parcel Number
19-2.0-09-2-000-060.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$13,680 CAD
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Southside Acres Mobile Home and RV Park | 1505 S Saint Louis St
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