$1,150,000

Searcy, AR 72143, US

Summary

Style: Mobile Home Park
Sq Ft: 24380
Year Built: 1994

Moving Quotes

primary photo for Searcy, AR 72143, US

Remarks

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

Details

MLS#: 24027399
Price: $1,150,000

Style: Mobile Home Park
Sq Ft: 24380
Year Built: 1994

County: White
Subdivision: Fairview
Lot Size: 15
Tax Fee: 4014

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Broker Contact

Fathom Realty Central
10515 West Markham St., Ste E3
Little Rock, AR, 72205
US
Hunter Ray
! (888) 455-6040
! accounting@fathomrealty.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Cooperative Arkansas Realtors Multiple Listing Service
Last updated: 2024-08-07T06:19:14.000-05:00.
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