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    Hatfield, Arkansas Mobile Home Park Title is generated by Realmo AI

    112 Breezy Lane, Hatfield, AR 71945

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    For Sale
    $349,000

    MULTI_FAMILY - Hatfield, AR

    Property size:
    800 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $436/SF
    Added:
    Nov 1, 2025
    Days on Market:
    203
    Last Refresh:
    May 22 at 1:06 am

    Property Features for 112 Breezy Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    10
    Bathrooms
    6
    Rooms
    Bedroom 2, Bedroom 5, Bedroom 10, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 6, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 7
    Patio and Porch features
    Deck, Porch
    Interior features
    Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric
    Exterior features
    Outside Storage Area, Deck, Porch
    Appliances
    Free-Standing Stove, Electric Range, Free-Standing Stove, Electric Range
    Standard status
    Active
    Size
    800 SF
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    Part of the N1/2 N1/2 SW 1/4NW
    Tax Annual Amount
    277

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Carpet - Partial
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Mckenzi Summit

    Listing agent Mckenzi Summit

    Listing office Select Realty 1161 Highway 71 S, Mena, AR

    Listing date Nov 1, 2025

    MLS# 25043786 Listing URL

    Copyright © 2026 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.

    HighLights

    • Existing Mobile Home Park Infrastructure: Includes 10 hookups with individual electric meters, city water, and sewer connections.
    • Income Potential: Opportunity to generate income from existing hookups.
    • Large 10‑Acre Property: Offers a mix of cleared space and wooded areas.
    • Outside City Limits: Provides more flexibility in terms of regulations.
    • Convenient Location: Situated in Hatfield, Arkansas, offering accessibility.
    • Development Flexibility: Existing mobile homes can be repaired or removed.

    Overview

    This 10-acre property in Hatfield, Arkansas, is an existing mobile home park with potential for future income. It includes 10 mobile home hookups, each equipped with its own electric meter, city water, and sewer connection. The hookups are located in a cleared section, while the back portion of the property is wooded. There are currently five mobile homes on the property that will need repair or removal. A legal easement runs along the right side of the property up Rowe Lane, providing access to the neighboring property. The property sits just outside of city limits, offering flexibility while still being conveniently located. The property includes existing infrastructure. The property layout is included in the listing photos, showing the location of all hookups, the existing mobile homes, and the easement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Storage Facility Discount Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hatfield
    County
    Polk
    State
    Arkansas
    Longitude
    -94.390834
    Latitude
    34.485995

    FAQs

    What type of property is this?
    Mobile home & RV park - 10-acre mobile home park with development potential near city.
    Where is this mobile home & rv park located?
    The property is located at 112 Breezy Lane Hatfield, AR.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Existing Mobile Home Park Infrastructure: Includes 10 hookups with individual electric meters, city water, and sewer connections.; Income Potential: Opportunity to generate income from existing hookups.; Large 10‑Acre Property: Offers a mix of cleared space and wooded areas.
    (479) 234-7141
    We can help!
    Listing Contact
    Mckenzi Summit
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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