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143 Apple Grove Foley, MO 63347
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Key Details
Sold Price $391,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Subdivision Apple Grove
MLS Listing ID 20002051
Sold Date 10/30/20
Construction Status 21
Year Built 1999
Building Age 21
Lot Size 19.080 Acres
Acres 19.08
Lot Dimensions irregular
Property Description
New Price! MOBILE HOME PARK! 19 Acres! Room for future development. FAR from the city life... wonderful country living... it's quiet, septic systems, private wells! Live in one unit and rent the others if you like! Great investment opportunity! Seven park owned manufactured housing units and one site built unit. 4 three bedroom units rents from 780-825, a 4 BR unit for $950, 2 two bedroom units rent from 650-750 and an efficiency unit at $550. All rented... all the time! $6340 per month revenue = $76080 yearly. All units are in great shape and community is very clean and well maintained. Its a cash flow machine and owner is ready to retire. OVER a 14% cap rate!!
Location
State MO
County Lincoln
Area Elsberry R-2
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Type Accessible Parking
Building
Sewer Septic Tank
Water Well
Construction Status 21
Schools
Elementary Schools Clarence Cannon Elem.
Middle Schools Ida Cannon Middle
High Schools Elsberry High
School District Elsberry R-Ii
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
Read Less
Bought with Cort Dietz
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