12601 Old Highway

Rolla, MO 65401

$495,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare Oppportunity for Investors! Don't hesitate on this Mobile Home Park in a Convenient Location along I-44 between Rolla & St James. Sitting on 7+ acres, the Shady Lane Mobile Home Park offers plenty of space for the 16 Occupied Units, and with 30 possible Units, this property has potential for more income and increased cash flow. Of the 16 occupied units, 12 are leased month to month including trailers, 3 units are pad only, and the home onsite is also leased. The remaining 14 units are vacant...Rare Oppportunity for Investors! Don't hesitate on this Mobile Home Park in a Convenient Location along I-44 between Rolla & St James. Sitting on 7+ acres, the Shady Lane Mobile Home Park offers plenty of space for the 16 Occupied Units, and with 30 possible Units, this property has potential for more income and increased cash flow. Of the 16 occupied units, 12 are leased month to month including trailers, 3 units are pad only, and the home onsite is also leased. The remaining 14 units are vacant pads for future development or growth. This property is perfect for a savvy investor or someone looking to add a positive cash flow to their portfolio. With 3 units vacant, could be a unique opportunity for the owner/manager/caretaker to live onsite and manage the investment and community. So Many Possibilities, Call to Discuss! Do not disturb tenants.
  1. Listed by Mary Jane Schriewer • RE/MAX Results
  2. Listed by Derek Schriewer • RE/MAX Results

Property Details for 12601 Old Highway

Cross Street
Hwy RA
LISTING UPDATED: 08/21/2024 09:47 AM

Property Details for 12601 Old Highway

StatusActive
MLS #24053042
Days on Market116
Taxes$1,456 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1983
Lot Size7.24 AC / 315,374 SF
CountyPhelps County

Building Information for 12601 Old Highway

Stories-Residences30Year Built1983Building Size-Lot Size7.24 AC / 315,374 SF

Property Information for 12601 Old Highway

Summary
Location and General Information
  • City: Rolla
  • County Or Parish: Phelps
  • Directions: I-44 To Exit 189 to right on Old Route 66 (North Service Road) to property on Left.
  • Latitude: 37.98476
  • Longitude: -91.69522
  • Location: Rural
  • Postal Code: 65401
  • State Or Province: MO
  • Sub division Name: Shady Lane Mobile Home Park
Taxes and HOA Information
  • List AOR: Franklin County Board of REALTOR
  • Prop Asses City Tax: 0
  • Parcel Number: 71-03-8.0-28-000-000-011.001
  • Tax Annual Amount: $1,456.00
  • Tax Legal Description: FRACTIONAL PART NW1/4 SE1/4 SEC. 28, TWP. 38 N., RNG. 7 W.
  • Tax Year: 2023
Owner
  • Township: Rolla
  • Owner Name: Don Not Disturb tenants
Parking
  • Attached Garage: No
  • Parking Features: Space/Unit - 2+
School Information
  • Elementary School: Lucy Wortham James Elem.
  • High School: St. James High
  • High School District: St. James R-I
  • Middle Or Junior School: St. James Middle
Property
Lot Information
  • Lot Size Acres: 7.24
  • Lot Size Dimensions: 1105x305x570x305
  • Lot Size Source: County Records
  • Lot Size Square Feet: 315374.0
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Documents Count: 2
  • Photos Count: 4
  • Videos Count: 0
  • Year Built: 1983
  • Disclosures: Unknown,Other Disclosures,Unincorporated
  • Age: 41
  • Construction Materials: Other
  • Ownership Type: Private
Utilities
  • Sewer: Lagoon, Septic Tank, Shared Septic
  • Water Source: Community, Well
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cable Available: 0
  • Cooling: Electric, Window Unit(s)
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 30
  • Bedroom number of Units: 0
  • TYPE: Other
  • Two Bed Unit Baths: 1 Per Unit,2 or More Per Unit
  • Two Bed Unit Units: 3
  • Three Bed Unit Baths: 1 Per Unit,2 or More Per Unit
  • Three Bed Unit Units: 12
Income & Expenses
  • Net Operating Income: $.00
  • Total Expenses: 0.00
Rental
Rent Information
  • Lease Term: Leases, Month To Month
  • Tenant Pays: All Utilities
  • Efficiency Units: 15

Property History for 12601 Old Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12601 Old Highway

Taxable ValueLand$2,450Additions$12,100Total$14,550
Tax Record2024$607 ($51 / month)
Home Facts
Total Finished SqFt4,000 SqFtAbove Grade Finished SqFt4,000 SqFtLot Size69,696 SqFtStyleWarehouseYear Built2002CountyPHELPSAPN71-03-8.0-28-000-000-011.000

Schools near 12601 Old Highway

This home is within St. James R-I School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lucy Wortham James Elementary School
PublicPK to 5

St. James Middle School
Public6 to 8

St. James High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12601 Old Highway is a multi-family home for sale in Rolla, MO 65401. This property was listed for sale on August 21, 2024 by RE/MAX Results, it's currently listed at $495,000. This listing's school district is St. James R-I School District. Nearby schools include Lucy Wortham James Elementary School, St. James Middle School and St. James High School. 12601 Old Highway is a 0-bed, 0-bath, multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.