Coldwell Banker Premier Group
2085 N Commercial
St Clair, MO 63077

Description

Great Investment $16,000 MONTH RENTAL ROLL, 40 unit park, 2 storage buildings, 1 House, laundromat (laundromat currently closed) . HAS approx 860 ft of I44 FRONTAGE...Currently house is being used as office but could be more rental income, plumbing needs hooked up to main line. There are 2 lots that are pad rent only, 38 homes are owned and go with park. Rent Roll is $16,000 plus a month. Owner pays for water , trash, and sewer. Lagoon permit is good until 2020, but some new DNR is asking for the Solids and Ammonia limits to go down. Worst Case a new treatment facility $100-$125, 000 quoted verbally to me 4 years ago but we have no definite from DNR. Park is completely occupied, and has a waiting list for renters needing low income housing. Manager works for $200 month, and Maintenance Man works for free rent . Rent could be increased and tenants could start paying own trash bill and house could be rented, and laundromat could re-open for more income.

Details

MLS#18048222
Sub-TypeResale
StatusActive
Year1945
Days On Site144

Features

Building(s)1

Market Activity 63077

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Area Information

StateMO
CountyFranklin
CitySt Clair
Zip Code63077
AreaSt. Clair R-13
Listing VS Median (in 63077)
Price:
$775,000
low | high
Med:
$122,400
100% of Average
On Site:
144
low | high
Med:
79.5
100% of Average
Listing Updated: 11/11/2018
MLS Number: 18048222
Listing Provided By:
Julie Moss  of  Keller Williams Southwest