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New 20-Unit Mobile Home Park
For Sale
$2,200,000

416 S Speer street, Monticello, AR 71655

Recently completed park with new utilities, internal roads, and two-bedroom residences.

Property Size840 SF
Price / SF$2,619
Days on Market52

Property Features for 416 S Speer street

General Information

Standard status Active
Size 840 SF
Property subtype Multi-Family

Units

Unit Mix 20 x 2BR/2BA
Multifamily Units 20

Additional Details

Utilities to Site Yes
Listing Agency: Wilkerson Real Estate Company
Listed By: Connor Wilkerson
Source: Arprorealty
Added: Aug 26 Changed: Oct 10 Last Checked: Oct 14 at 10:41PM

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 Wilkerson Real Estate Company

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Investment Insights

Based on property information with market context.

Recently completed mobile home park comprising 20 brand-new units. Each residence includes two bedrooms and two bathrooms, providing a consistent configuration throughout the community. New utility systems and roadways serve the park, reflecting the property's recently finished development.

The property is located at 416 S Speer Street in Monticello, Arkansas. Tenant occupancy is still being established as the owners work toward filling the residences. The uniform unit mix and newly completed site improvements provide a straightforward operating platform for a purchaser seeking a mobile home park with recently installed infrastructure.

Key Highlights

  • 20 brand‑new mobile home units
  • Each unit has 2 bedrooms and 2 bathrooms
  • New utility infrastructure throughout the park

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Plumbing Service Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

90
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 park with new utilities, internal roads, 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 has 2 bedrooms and 2 bathrooms; New utility infrastructure throughout the park
More about this property
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