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Mobile Home Park

15151 Terrace Drive, Mabelvale, AR 72103

For Sale
New
$90,000

Multi-Family, Mabelvale, AR

Property Size1,200 SF
Lot Size0.63 Acres
Price / SF$75
Days on Market4

Property Features for 15151 Terrace Drive

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Free-Standing Stove, Free-Standing Stove
Subdivision Royal Oak Terrace
Lot features Rural Property
Directions FROM CHICOT, LEFT ON TERRACE, PROPERTY ON LEFT
Standard status Active
Size 1,200 SF
Lot size 0.63 Acres

Units

Mobile Home Lots 12
Park-Owned Homes 4

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 148, 149, E50' OF 150/
Tax Annual Amount 164
Legal Description 148, 149, E50' OF 150/

Building Details

Year built 1999
Floors in Building 1
Number of units 4
Flooring type Vinyl
Roof type Metal
Listing Agency: Crossroads Realty Group
Listed By: Danielle Blair · License #PB00081398
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 9 at 7:06AM
MLS# 26044860

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.

Rey
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Investment Insights

Based on property information with market context.

This mobile home park contains four homes: two with one bedroom and two with two bedrooms. The buildings total 1,200 square feet on a 0.63-acre parcel. Vinyl flooring and metal roofing are listed, and the property was built in 1999.

Three homes are occupied by tenants. The site also has 12 open spaces, which may be rented for additional mobile homes.

Key Highlights

  • Four homes: two one‑bedroom and two two‑bedroom units
  • 1,200 square feet of building area on 0.63 acres
  • 12 vacant spaces on the property

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 72103, AR

13,739
Population
6,078
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
449
Density / Sq Mi
$61,967
Median Household Income
$42,345
Median Earnings
$912
Median Rent
$140,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - The property includes four homes in a mix of one- and two-bedroom layouts, along with 12 vacant spaces.
Where is this mobile home & rv park located?
The property is located at 15151 Terrace Drive Mabelvale, AR.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Four homes: two one‑bedroom and two two‑bedroom units; 1,200 square feet of building area on 0.63 acres; 12 vacant spaces on the property
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