Steelville Trailer Park

Location: Steelville, MO

‍Land: 5.5± acres

‍Price: $500,000

Description:

INVESTMENT property! located just east of Stellville, MO and on blacktop hwy 8 frontage this 5.5 acres is an opportunity not to be passed. Steelville is known as the floating capital of the midwest with its many clear flowing streams and many canoe outfitters. There is a need for low priced rentals and this park helps satisfy the need. Currently there are 12 rentals rented for $600 per month not including a nice home currently being remodeled (take 3 months and approximately $30,000 to finish). The expenses are roughly $800 per year for insurance which covers liability and full on duplex, $90 for trash, $45 for well. The current owner trades one rental out for occupants to manage and labor on park. There are two lagoons, one currently being used and they are legal in the state of Missouri. There is also room for 10 more trailers. The current owner has said that he will stay on for a year to help transition and manage for the new owner. This is a ready to go park and is priced at $500,000. The park also adjoins the two rental homes next door and all bought together would be a great income stream and investment.

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