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New Mobile Home Park Opportunity
For Sale
$2,200,000

416 S Speer street, Monticello, AR 71655

MULTI_FAMILY - Monticello, AR

Property Size840 SF
Lot Size1.88 Acres
Price / SF$2,619
Days on Market206

Property Features for 416 S Speer street

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Free-Standing Stove, Electric Range, Refrigerator-Stays, Free-Standing Stove, Electric Range, 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

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: May 21 Last Checked: Aug 7 at 12:06PM
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.

Investment Insights

Based on property information with market context.

This unique opportunity features a brand new mobile home park designed to generate passive income. The property includes 20 new mobile home units, each with 2 bedrooms and 2 bathrooms. All utilities and roadways within the park are newly constructed. The property size is 840 square feet and the lot size is 1.88 acres. Located in Monticello, AR, the owners are currently working to fill the units with tenants.

Key Highlights

  • Brand new mobile home park featuring 20 new mobile home units.
  • Passive income opportunity.
  • All utilities and roadways are brand new.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

83
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - New mobile home park with 20 units for sale.
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: Brand new mobile home park featuring 20 new mobile home units.; Passive income opportunity.; All utilities and roadways are brand new.
More about this property
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