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$1,150,000 - (Undisclosed Address), Searcy

-
Bedrooms
-
Baths
24,380
SQ. Feet
15
Acres

Mobile Home Park Investment Opportunity Welcome to a prime investment opportunity with this 23-pad mobile home park, sprawling across a generous 15-acre lot. This park presents a golden chance to add significant value and growth potential. With ample space to expand and add more units, investors can capitalize on the increasing demand for affordable housing. All homes in the park are park-owned, with tenants responsible for paying their own utilities, simplifying management and reducing overhead costs. Current rents offer room for adjustment to align with market rates, providing an immediate avenue for revenue enhancement. Additionally, operational expenses can be optimized, further increasing profitability. The park features a blend of well-maintained lawns and shade trees, creating an attractive and comfortable living environment for tenants. Positioned away from the homes, these green spaces offer a serene retreat within the community. Conveniently located close to shopping centers, entertainment venues, and commercial hubs, this mobile home park ensures easy access to essential amenities and leisure activities, making it a desirable location for residents. See Agent Remarks

Essential Information

  • MLS® #:
    24027399
  • Price:
    $1,150,000
  • Square Footage:
    24,380
  • Acres:
    15.00
  • Year Built:
    1994
  • Type:
    Commercial
  • Sub-Type:
    Mobile Home Park
  • Style:
    Other (see remarks)
  • Status:
    Active

Community Information

  • Address:
    N/A
  • Area:
    White County (nw)
  • Subdivision:
    Fairview
  • City:
    Searcy
  • County:
    White
  • State:
    AR
  • Zip Code:
    72143

Amenities

  • Utilities:
    Water-Public, Gas-Natural, Telephone-Private, Septic, Electric-Co-op, TV-Satellite Dish
  • Parking Spaces:
    50

Interior

  • Interior Features:
    Kitchen Area, Smoke Detector, Living Area, Ceiling Fans, Living Space Included, Showers
  • Heating:
    Central Heat-Electric, Window Units
  • Cooling:
    Central Cool-Gas, Window Units
  • # of Stories:
    1

Exterior

  • Exterior Features:
    Under Pinning, Additional Outbuildings, Storage Building, Storm Cellar, Dumpster
  • Lot Description:
    Level, Not in Subdivision, Out of City, Rental Complex, Secluded
  • Roof:
    Metal, Asphalt Shingle
  • Foundation:
    Piers, Block, Skirted, Treated Lumber

Additional Information

  • Date Listed:
    July 30th, 2024
  • Days on Market:
    108
  • Zoning:
    Mobile Home Park
  • HOA Fees:
    0.00
  • HOA Fees Freq.:
    Annual

Listing Details

  • Listing Agent:
    Matthew Blum
  • Listing Office:
    Fathom Realty Central

The information being provided by the Cooperative Arkansas REALTORS® MLS, Inc. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: November 15th, 2024 at 7:24am CST.