Southside Acres Mobile Home and RV Park – Concordia, MO

Southside Acres Mobile Home and RV Park
1505 S St Louis St, Concordia, MO 64020, USA

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.

  • Diverse Community Composition: 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, and 1 vacant lot.
  • Municipal Utilities & Infrastructure: The community is serviced by city water and sewer. All utilities, including electric, gas, and water, are separately metered and direct-billed to tenants.
  • Additional Revenue Stream: An on-site coin-operated laundry facility generates supplemental income while serving as a valued amenity for residents.
  • Expansion Upside: 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 growth and value enhancement.
  • Proximity to Local Employment: The property is conveniently located near Concordia’s primary employment base, including manufacturing, logistics, healthcare, and agricultural-related employers, supporting consistent workforce housing demand.
  • Essential Services Nearby: Residents benefit from close access to grocery stores, pharmacies, schools, medical facilities, and daily retail services within Concordia, enhancing livability and tenant retention.

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

Price

$920,000

Cap Rate

9.34%

PREMISES

4.15 Acres

BROKERS

Kristen Deninno
Fort Lauderdale
Meagan Brady
Fort Lauderdale
Tom Gorman
Philadelphia

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