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Judsonia,AR 72081
Key Details
Property Type Commercial
Sub Type Mobile Home Park
Listing Status Active
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $49
Subdivision Judsonia
MLS Listing ID 24026859
Style Other (see remarks)
Year Built 1997
Tax Year 2023
Lot Size 4.500 Acres
Acres 4.5
Property Description
Yankee Mobile Home Park offers a unique investment opportunity with a blend of immediate cash flow and significant growth potential. With its low cost of entry and room for expansion, this property is ideal for investors looking to capitalize on the rising demand for affordable housing. Enhance your portfolio with this high-potential, scalable mobile home park investment. Pro-forma Breakdown: NOI based on raising rents to market and bringing in one home. Move in cost at $35,000 or less for home, move, central heat and air install, underpinning, decks and utilities ran to home. If you decide to add more homes, there are 3 septic’s on property to accommodate the extra units. Due diligence of property is buyers’ responsibility and has a duration of 10 days after offer and deposit has been accepted. The existing mobile homes provide a steady income stream from day one. Low Cost of Entry: Affordable initial investment with significant upside potential. Immediate Cash Flow: The existing mobile homes provide a steady income stream from day one. Growth Potential: Space available for additional mobile homes to increase rental income and overall property value.
Location
State AR
County White
Area Judsonia
Interior
Interior Features Smoke Detector,Kitchen Area,Living Area
Heating Central Cool-Electric,Window Units,Central Heat-Electric
Flooring Partial Carpet,Vinyl
Exterior
Exterior Feature Under Pinning
Garage 1 - 10 Spaces
Garage Spaces 6.0
Utilities Available Septic,Water-Public,Electric-Co-op,TV-Cable,TV-Satellite Dish,Telephone-Private,Telephone-Party Line
Roof Type Metal
Building
Lot Description Sloped,Out of City,Country Setting,Open
Foundation Piers/Post,Block
New Construction No