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. An Excellent Opportunity to Acquire Two Adjacent Mobile Home Parks in Joplin, MO, Offering Strong Existing Cash Flow With Significant Upside Potential.

  • 122 Total Sites:
    • 33 Park-Owned Homes (POH)
    • 19 Tenant-Owned Homes (TOH)
    • 1 RV Site
    • 15 Vacant Lots
  • 53 Additional Vacant Sites:
    • Fully developed in 2011 with 200 AMP utilities — ready for mobile home infill or RV conversion
  • Infrastructure & Utilities
    • City Utilities: Water & sewer connected; opportunity to implement direct billing (currently included in rent)
    • Upgraded Systems: Lift station with two new pumps (installed 2023 & 2024)
  • Investment Potential
    • Value-Add Opportunity: Increase occupancy and explore mixed-use RV/MH development
    • Stable Tenancy: Screened residents with strong payment history

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

Price

SOLD

Cap Rate

7.36%

PREMISES

9.58 Acres

YEAR BUILT

2019

BROKERS

List with SIG

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