18800 2nd Avenue

Wheatland, MO 65779

About this property

2 Houses. 1 Price. And a whole lot of upside. Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here. Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper. One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre Lake Whether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting harder to find. Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing. Give me a call before somebody else runs the numbers.

About this property

2 Houses. 1 Price. And a whole lot of upside. Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here. Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper. One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre Lake Whether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting harder to find. Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing. Give me a call before somebody else runs the numbers.

Features and Additional Information

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$40,000 Active
0 Bed(s)
0
Baths
0 sqft

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Brokerage
Akins Realty
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Area Information

| Hickory County | Hickory Not in List

$ 40,000
This listing is play_arrow 86.7% lower than the average in the area
$ 299,900 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
88 days on site
This listing is play_arrow 100.0% above the average in the area
44 days on site in the area

Schools in the Area

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    Elementary School
    Wheatland
  • turned_in
    Middle School
    Wheatland
  • turned_in
    High School
    Wheatland

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Listed By Nicholas Lemuel Henderson
Brokerage: Akins Realty

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