16-Space Mobile Home
280 Fair Street, Centerton, AR 72719
For Sale
Contact for pricing
Pending
Income-producing community with tenant-owned homes, a vacant pad, municipal utilities, and on-site laundry facilities.
Property SizeContact for details
Days on Market59
Property Features for 280 Fair Street
General Information
Standard status
Property subtype
Additional Details
Cap Rate
Utilities to Site
Multifamily Units
Amenities
on-site laundry
Listing Agency:
Torelli Investment Realty
Listed By:
Guy Torelli · License #CA BRE: 00666517
Source:
Crexi
Added: Sep 10
Changed: Nov 6
Last Checked: Nov 6 at 7:03AM
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 Torelli Investment Realty
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Investment Insights
Based on property information with market context.
Fair Street Village is a 16-space mobile home park at 280 Fair Street in Centerton, Arkansas. The community includes 3 park-owned homes, 12 tenant-owned homes, and 1 vacant pad. Every site has separately metered 200 AMP electric service, while city water and sewer serve the property. An on-site laundry building contains 2 washers and 2 dryers.
The property is positioned across from the City Park and within a 5 minute walk of restaurants and the lake. Current rents reflect a 7.7% CAP rate, with a 10.0% CAP rate projected within one year.
The property is positioned across from the City Park and within a 5 minute walk of restaurants and the lake. Current rents reflect a 7.7% CAP rate, with a 10.0% CAP rate projected within one year.
Key Highlights
- 16‑space mobile home park at 280 Fair Street in Centerton, Arkansas
- 3 park‑owned homes, 12 tenant‑owned homes, and 1 vacant pad
- 7.7% CAP rate on current rents; 10.0% CAP within one year
Property Analytics
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
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Business Placement
Demographics for 72719, AR
16,248
Population
6,989
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
1,766
Density / Sq Mi
$111,250
Median Household Income
$61,073
Median Earnings
$1,432
Median Rent
$283,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Income-producing community with tenant-owned homes, a vacant pad, municipal utilities, and on-site laundry facilities.
Where is this mobile home & rv park located?
The property is located at 280 Fair Street Centerton, AR.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 16‑space mobile home park at 280 Fair Street in Centerton, Arkansas; 3 park‑owned homes, 12 tenant‑owned homes, and 1 vacant pad; 7.7% CAP rate on current rents; 10.0% CAP within one year
