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2187 Us Highway 425 Monticello, AR 71655

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Three mobile home parks in Monticello, Arkansas for sale.

Property Features for 2187 Us Highway 425

General Information

Standard status
Active

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Listing Contact
William Capone
Source: Crexi

Listing Agency: Split Arrow Capital Brokers Listing Agent: William Capone

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Monticello Portfolio of Three Parks

This offering features a portfolio of three mobile home parks located in Monticello, Arkansas. The properties include Country View MHP at 2187 Hwy 425 N, Midway Route MHP at 132 Midway Route, and Trotter MHP at 646 W Trotter. The parks present an opportunity to add value by raising lot rents to market level, filling vacant sites, paving roads, and billing back sewer and water. The properties feature city water and sewer services. The homes are reported to be in good condition and well-kept. The location benefits from a strong student and workforce housing market. Pro forma annual gross income is projected at $611,940 by raising rates to market level.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Building Supply Gym & Fitness Center Skin Care Clinic Big Box & Wholesale Store Auto Repair Shop Food Market Bar & Pub Grocery & Convenience Store Auto Parts Store Storage Facility

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

Location Insight

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  • Local Demand
City
Monticello
County
Drew
State
Arkansas
Longitude
-91.7907
Latitude
33.5819

FAQs

What type of property is this?
Mobile home & RV park - Three mobile home parks in Monticello, Arkansas for sale.
Where is this mobile home & rv park located?
The property is located at 2187 Us Highway 425 Monticello, AR.
What are key features of this property?
This property features: - Opportunity to increase revenue by raising lot rents to market level.; - Strong student and workforce housing market.; - Potential to add value by infilling vacant sites.
More about this property
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