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New Mobile Home Park

416 S Speer street, Monticello, AR 71655

For Sale
$2,200,000

Multi-Family, Traditional, Monticello, AR

Property Size840 SF
Lot Size1.88 Acres
Price / SF$2,619
Days on Market302

Property Features for 416 S Speer street

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Electric Range, Free-Standing Stove, Refrigerator-Stays, Electric Range, Free-Standing Stove, Refrigerator-Stays
Subdivision Monticello
Lot features Level
Directions On Speer street on the east edge of Monticello
Standard status Active
Size 840 SF
Lot size 1.88 Acres

Additional Details

Park-Owned Homes 20

Taxes and HOA fees

Tax Description deed to be attached.
Legal Description deed to be attached.

Building Details

Year built 2025
Floors in Building 1
Number of units 20
Flooring type Vinyl
Roof type Shingle
Architectural style Other
Listing Agency: Wilkerson Real Estate Company
Listed By: Connor Wilkerson
Added: Jan 13 Changed: Nov 2 Last Checked: Nov 10 at 10:06PM
MLS# 26002044

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 comprises 20 newly installed units on 1.88 acres. Each residence is configured with 2 bedrooms and 2 bathrooms, with 840 square feet of property size identified in the listing. The homes feature vinyl flooring, shingle roofs, free-standing stoves, electric ranges, and refrigerators.

Completed in 2025, the community includes new utility systems and newly built internal roadways. The property is located at 416 S Speer Street in Monticello, Arkansas, within ZIP Code 71655. Tenant occupancy is currently being established across the park.

Key Highlights

  • 20 brand‑new mobile home units
  • Each unit includes 2 bedrooms and 2 bathrooms
  • 1.88‑acre mobile home park

Property Analytics

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Lease Details

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Recently completed community with new utility infrastructure, internal roadways, and two-bedroom residences.
Where is this mobile home & rv park located?
The property is located at 416 S Speer street Monticello, AR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 20 brand‑new mobile home units; Each unit includes 2 bedrooms and 2 bathrooms; 1.88‑acre mobile home park
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