Myetta Meadows | Camdenton, MO
Sands Investment Group is Pleased to Exclusively Offer For Sale Myetta Meadows Located at 27 Sunrise Terrace Drive in Camdenton, MO. This Deal Includes 41 Total Lots, Comprising 17 Park Owned Homes, 13 Tenant Owned Homes and 11 Vacant Lots. Also, a Value-Add Opportunity to Infill Vacant Lots, Increase Rents & Utilize Vacant Acreage to Provide For a Secure Investment.
- 41 Total Lots Comprised of 17 Park Owned Homes, 13 Tenant Owned Homes & 11 Vacant Lots
- Vacant Sites Equipped With Utilities, Ready For Infill
- Water Billed Back to Each Tenant at $50 Per/Month
- Add Value By Utilizing Vacant Acreage to the East to Add More Homes or an RV Component
- Pro-Forma Gross Yearly Rent at Market Levels: $305,400; Cap Rate of 11.80%, After 11 Sites Are Infilled and Rents Are Brought to Market Levels
- Seller Financing Available
In Cooperation With Sands Investment Group Missouri, LLC – Lic. #2019044754 BoR: Tom Gorman – Lic. MO #2023012377
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
