Monticello Portfolio of Three
For Sale
Contact for pricing
Pending
2187 US-425, Monticello, AR 71655
Three mobile home parks in Monticello, Arkansas for sale.
Property SizeContact for details
Days on Market188
Property Features for 2187 US-425
General Information
Standard status
Pending
Class
C
Property subtype
Mobile Home Park
Investment Type
Value Add
Net Operating Income
$345,364
Building Details
Year Renovated
2025
Units
72
Listing Agency:
Split Arrow Capital Brokers
Listed By:
William Capone · License #FL: BK3533965
Source:
Crexi
Added: Feb 13
Changed: Aug 14
Last Checked: Aug 18 at 10:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Split Arrow Capital Brokers
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 71655, AR
14,458
Population
6,659
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
40
Density / Sq Mi
$40,878
Median Household Income
$32,874
Median Earnings
$703
Median Rent
$132,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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-425 Monticello, AR.
What is the asking price?
The asking price for this property is $3,300,000.
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.
