Improved Mixed-Use Land for Sale in Searcy, Arkansas
White County Searcy, AR 72143
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
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
- County
- White County
- Community
- Fairview
- Elevation
- 328 feet
Property details
- Zoning
- MobileHome
- MLS Number
- CARMLS 24027399
- Date Posted
Property taxes
- 2023
- $4,014
Parcels
- 001-08322-000-MH010
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Stories
- 1
- Materials
- Vinyl Siding
- Roof
- Asphalt, Metal, Shingle
- Cooling
- Window Unit(s) A/C
- Heating
- Central Furnace
Exterior
- Parking Spots
- 50
- Parking
- Assigned
- Features
- Additional Outbuildings, Dumpster, Outbuilding, Storage, Storage Building, Storm Cellar, Under Pinning
Interior
- Floors
- Carpet, Partial Carpet, Wood
- Features
- Ceiling Fans, Kitchen Area, Living Area, Living Space Included, Showers, Smoke Detector
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
July 30, 2024 | New listing | $1,150,000 | — | CARMLS |