1338 Ashley RdBoonville, MO 65233

For Sale
Call for price

109 Spaces, 60.6% Occupancy, Great Upside

Overview

Added:
Dec 11, 2024
Days on market:
92
This well-maintained 109-space mobile home community presents a compelling investment opportunity near Columbia, Missouri. Located at 1338 W Ashley Rd, Boonville, MO 65233, this 12.51-acre property boasts a 60.6% occupancy rate, offering immediate cash flow and significant upside potential through continued infill. The park features attractive amenities including well-maintained asphalt roadways, professional entry signage, and an on-site management office housed in a park-owned home. The property generates ancillary income from RV rentals, adding to its overall profitability. Recent capital expenditures have been made to enhance the community's infrastructure and appeal. Only five homes are currently owned by the park, leaving ample room for future growth and increased revenue. All utilities are public, simplifying operations and reducing maintenance responsibilities. This is a turnkey operation with a proven track record and a clear path to increased profitability. The property's location near Columbia, MO provides access to a strong regional economy and a growing population base. Several new mobile homes have been added in recent years, demonstrating the community's appeal and the potential for continued expansion. This is an exceptional opportunity for investors seeking a stable, cash-flowing asset with significant growth potential in a desirable market.

Highlights

  • 109 parking spaces
  • Five park-owned homes
  • Ancillary income from RV rentals
  • On-site management office
  • Recent capital expenditures
  • All public utilities

Property Details for 1338 Ashley Rd

Property type
Multifamily properties, Mobile home & RV parks
Lot Size (sq. ft)
544,936 SF
Units
109

Location Insight

City
Boonville
County
Cooper
State
Missouri
Latitude
38.9520477
Longitude
-92.761832
1338 Ashley Rd, Boonville, Missouri

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1338 Ashley Rd
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