1 D And J Trailer Ct, Festus, MO 63028

This property consists of a mobile home park with 22 pads, a 30x70 Building with Laundromat equipment, a 2 bedroom apartment and additional acreage for development. Currently 12 of the pads are occupied. The gross rent per pad is $ 260.00 with water, trash and sewer furnished. There are several park-owned mobile homes included as well which need total rehab. These could be renovated and leased. The Building previously housed a laundromat (currently closed) with everything still intact and has an apartment in the back portion. This property lays very flat, has lots of possibilities for redevelopment due to its superior location, road frontage, public sewer and access to public water (currently on shared well). It has been in the same family for 30 years but the time has come for the owners to move on. Seller is willing to be creative to make the right deal work.