Kahoka, MO

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Rare Investment Opportunity!

If you are looking for an exceptional commercial investment property, do the math on this one.  This 3-acre tract on the northwest side of Kahoka is within walking distance of Blackhawk Elementary School in a quiet residential neighborhood.  There are 20 mobile homes on the property, varying in age from 1964-1992, as well as two metal machine sheds measuring 54×38 and 56×36.  Both have concrete floors, overhead doors and electric service hooked up.  There are at least four empty spots  with hookups on the west side of the park for more trailers, and a full corner lot that is currently vacant on the east side of the property.

There are currently four units rented with steady tenants, but more units are immediately available for rent.  The property is on City of Kahoka utilities (electric, water, sewer, trash) and Liberty utilities for natural gas.    Each unit has its own gas meter.  There are three city electric meters on site (one for the machine sheds, one for east half of property and one for the west half), and owner has individual electric meters on each unit that will convey.  Property has one water meter – contact us for costs and further information on installing new meters.  Even based on current rents – if the rest of the units are rented out, this property could quickly start paying for itself.

Call or text listing agent Jennifer Wood at 217.257.8812 for more information on income & expenses on this unique tract, or email her at jenniferw@fretwellland.com.

Price: $150,000
Address:580 W Union St
City:Kahoka
County:Clark
State:MO
Zip Code:63445
MLS:#05-MO-5139
Year Built:1964-1992
Floors:1
Lot Square Feet:130,680
Garage:2 - machine sheds
Property Type:Commercial
Financial:Taxes: $2512.06
Condition:Turnkey investment property
Construction:20 mobile homes & 2 metal machine sheds (54x38 & 36x56)
Exterior:Metal
Flooring:Carpet, vinyl
Heat/Cool:Forced air furnaces, some central air, some w/ window unit ac
Lot size:3 acres
Location:NW Kahoka, MO
Scenery:Shaded lots, tree-lined drive
Community:Quiet community, walking distance to Blackhawk School
Recreation:Open lot - room for playground, etc.
Inclusions:All appliances & furnishings convey, spare parts/appliances in sheds also convey
Parking:Off-street parking
Rooms:Most homes 2-3 bedrooms, 1-ba
Laundry:Units have W/D hookups, some have washers & dryers that will convey
Utilities:City of Kahoka Electric, Water, Sewer & Trash; Liberty Gas

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