104 Diamond Street, Gladstone

R37//Gladstone/Mobile Home parks don't come up for sale that often; its even more rare when there is additional land for future development and some of the work & planning has been started. The Plan for the Seller has changed so this is a tremendous opportunity for the entrepreneur who would like to invest some sweat equity in a mobile home park with existing cash flow & opportunity to increase the size of the Park. To the West of Gladstone is a new Hospital that is almost ready to open...the need for housing options in the area is in demand...the timing is right to continue to develop. There is currently 13 rented lots in the park and one lot that is ready to move a mobile home home on it in August and another lot that just needs a new pad. The engineering has been done for phase 2 expansion which would create 7 more lots. The original part of the park had upgraded infrastructure approx. 2019 and phase 1 new infrastructure in 2022. The hydro poles have been installed already for phase 2. The park consists of amazing tenants who take good care of their homes and yards. Increase the rent roll by adding a mobile home or 2 into the park as rentals...Rental housing is in desperate need in the community. (id:1945)