Improved Mixed-Use Land for Sale in Searcy, Arkansas

White County Searcy, AR 72143

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$1,150,000
15 acres
Active sale agoEst $6,332/mo

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

24,380
Sq feet
1994
Built

Directions

From Searcy head North on HWY 16, turn left on Oak Forrest Rd, property begins approx. 1/2 mile on the right. No signs on the property indicating location. Three roads on property are Clinton, McIntosh, Reid Ln.

Location

Community
Fairview
Elevation
328 feet
Coordinates
35.2912, -91.7835

Property details

Zoning
MobileHome
MLS Number
CARMLS 24027399
Date Posted

Property taxes

2023
$4,014

Parcels

  • 001-08322-000-MH010

This 15-acre property is located in Searcy, AR 72143 with latitude 35.2912 and longitude -91.7835. The property is currently available for sale for $1,150,000. It has a 24,380 sq ft structure built in 1994. Listing data is sourced from Cooperative Arkansas Realtors Multiple Listing Service # 24027399.

Verify sale details at the property source or contact Fathom Realty Central at (501) 915-2838.

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Copyright (C) 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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