Homes for sale - Address not disclosed, Searcy, AR 72143

$1,100,000

Est. payment - /mo

2,800 SqFt

UPDATED:

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Mobile Home Park

Listing Status Sold

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $392

Subdivision Fairview

MLS Listing ID 24027399

Sold Date 04/08/25

Style Other (see remarks)

Year Built 1994

Tax Year 2023

Lot Size 15.000 Acres

Acres 15.0

Property Sub-Type Mobile Home Park

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

Parking Features 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

Read Less Info

Listed by Fathom Realty Central • Matthew Blum
Bought with Fathom Realty Central

GET MORE INFORMATION

Sylvia N. Ball

+1(501) 613-8995

Executive Broker | License ID: 00083026

Executive Broker License ID: 00083026