Sieze this excellent investment opportunity in Pine Bluff, Arkansas, with a well-established 12-acre mobile home park located along the bustling Hwy 65 South. This property currently features 5-6 mobile homes, generating consistent income, and boasts significant potential for expansion, making it an ideal acquisition for investors looking to capitalize on the growing demand for affordable housing. Property Highlights: Established Mobile Home Park: The property is currently home to 5-6 mobile homes, all with a strong rental history. Existing tenants provide immediate cash flow, while occupancy has been stable due to the park's desirable location. - Expansion Opportunities: The 10-acre layout offers ample space to add additional mobile homes, significantly increasing rental income potential. With the increasing demand for affordable housing in the area, expanding the park could prove to be a lucrative investment strategy. - Prime Location: Situated on Hwy 65 South, the park benefits from high visibility and easy access to major roads, enhancing its attractiveness to prospective tenants.
| MLS # | 26018801 |
|---|---|
| Listing Type | For Sale |
| Style | Mobile Home Park |
| Sub-Type | For-lease |
| Status | Active |
| Year | 1960 |
| Days On Site | 153 |
| Listing Provided By | Lisa Attwood Realty | Lisa Attwood |
| SQ Feet | 8,000 |
|---|---|
| Story(s) | 1 |
| Zoning | Mobile Home Park |
| Acreage | 12.00 |
| Utilities | Septic, Water-Public |
|---|
| Property | 3193 |
|---|
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71601 |
| Area | PINE BLUFF (SOUTH) |
| Subarea | PINE BLUFF (SOUTH) |
| Community Name | AR |
| Listing VS Median (in AR) | |
Price: $150,000 low | high Med: $310,000 sqft: 8,000 low | high Med: 5,910 $ / sqft: $19 low | high Med: $52 On site: 153 low | high Med: 9 | |
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71601 |
| Area | PINE BLUFF (SOUTH) |
| Subarea | PINE BLUFF (SOUTH) |
| Community Name | AR |
| Listing VS Median (in AR) | |
Price: $150,000 low | high Med: $310,000 sqft: 8,000 low | high Med: 5,910 $ / sqft: $19 low | high Med: $52 On site: 153 low | high Med: 9 | |