AR > Searcy > Fairview
Searcy, AR 72143,Address not disclosed
Searcy, AR 72143,Address not disclosed
Searcy, AR 72143,Address not disclosed
Searcy, AR 72143,Address not disclosed
Searcy, AR 72143,Address not disclosed
Searcy, AR 72143,Address not disclosed
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Westgate Realty

Westgate Realty

+1(417) 257-2733
$ 1,150,000
Est. payment | /mo

24,380 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

24,380 SqFt

Key Details

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 24,380 sqft

Price per Sqft $47

Subdivision Fairview

MLS Listing ID 24027399

Style Other (see remarks)

Year Built 1994

Tax Year 2023

Lot Size 15.000 Acres

Acres 15.0

Property Description

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

Location

State AR

County White

Area White County (Nw)

Zoning MobileHome

Interior

Interior Features Smoke Detector, Kitchen Area, Living Area, Ceiling Fans, Living Space Included, Showers

Heating Central Cool-Gas, Window Units, Central Heat-Electric

Flooring Wood, Partial Carpet

Exterior

Exterior Feature Storage Building, Storm Cellar, Dumpster, Under Pinning, Additional Outbuildings

Garage Assigned

Garage Spaces 50.0

Utilities Available Septic, Water-Public, Electric-Co-op, Gas-Natural, TV-Satellite Dish, Telephone-Private

Roof Type Metal,Asphalt Shingle

Building

Lot Description Level, Not in Subdivision, Out of City, Rental Complex, Secluded

Foundation Piers/Post, Block, Skirted, Treated Lumber

New Construction No

Listed by Fathom Realty Central • Matthew Blum

GET MORE INFORMATION

Westgate Realty

Broker | License ID: 2019046646

+1(417) 257-2733

740 N Kentucky Ave, West Plains, MO, 65775, USA

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