Fountain Road Park Village – Joplin, MO

422 & 522 East Fountain Road - Joplin, MO 64801

Sands Investment Group is Pleased to Exclusively Offer For Sale the Fountain Rd Park Village Located at 422 & 522 E Fountain Road in Joplin, MO. This Deal Includes 122 Total Sites Having 53 Vacant Sites, Making Opportunity to Quickly Add Income-Producing Units, Providing For a Secure Investment.

  • 122 Total Sites: 33 POH; 19 TOH; 1 RV; 15 Vacant Lots
  • 53 Vacant Sites Adjacent to Park– the Developed Section (Est. 2011) Features Fully Installed 200 AMP Utilities, Making It Ideal For Smaller Mobile Home Infill or RV Site Conversion;Opportunity to Quickly Add Income-Producing Units
  • City Utilities – Connected to City Water and Sewer, Ensuring Reliable Service and Minimizing Maintenance Concerns; Opportunity to Add Value By Direct Billing Water to Tenants as It is Currently Included in Rent
  • Upgraded Infrastructure – Includes a Lift Station With Two New Pumps Installed in 2023 and 2024
  • Value-Add Through Occupancy Growth and Potential Mixed-Use RV/MH Development
  • Tenants Screened & Checked Ensuring On-Time Payments and Stable Tenancy

 

In Cooperation With Sands Investment Group Missouri, LLC – Lic. #2019044754 BoR: Tom Gorman – Lic. MO #2023012377

Price

$3,000,000

Cap Rate

7.36%

PREMISES

9.58 Acres

BROKERS

Meagan Brady
Fort Lauderdale
William Capone
Fort Lauderdale
Kristen Deninno
Fort Lauderdale
Steve Kruszenski
Fort Lauderdale
Tom Gorman
Philadelphia

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