10.6 Acres, 3 manufactured homes, 3 septic systems, private deep well, metal warehouse/shop. Conveniently located 2.6 miles down Hwy A in Camden County. The list is far too long to be complete but includes the following: tractor, farm implements, iron bender, welder, torch, riding mowers, building materials, concrete finisher, wood stoves, misc animals... Tinkerer's delight, handy man's dream. The 3 different manufactured homes rent for $575 a/mo, $475 a/mo and $375 a/mo- CASH, for a total rental income of $1425.00 a month, $17,100.00 annual gross rental. $2500.00 approximate expenses NNN, leaving $1406.00 NOI which makes a cap rate of 10% reasonably.
Virtual Tours for 1491 Thousand Acres Road Montreal, MO
Listed by McNally Properties, PAT MCNALLY & MARIANNE CHESTER
Est. Monthly Payment
Principal & Interest
1491 Thousand Acres Road (MLS #3524268) is a commercial listing located in Montreal, MO.
This is a commercial listing with a lot of 461,736 sqft (or 10.60 acres). This property was listed on 05/13/2020 and has been priced for sale at $149,900.
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Listing information courtesy of: McNally Properties