Park-Owned Mobile Home
4182 367 S Highway, Searcy, AR 72143
For Sale
$375,000
Commercial / Industrial, Searcy, AR
Property Size5,600 SF
Lot Size3.90 Acres
Price / SF$66.96
Days on Market236
Property Features for 4182 367 S Highway
General Information
Property type
Property subtype
Parking
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Listing Agency:
Dalrymple
(501) 268-2445
Listed By:
Austin Durham · License AR EB00087797
(417) 425-9866
Added: Mar 19
Changed: Nov 2
Last Checked: Nov 9 at 7:06PM
MLS# 26010985
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.
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Investment Insights
Based on property information with market context.
This park-owned mobile home community occupies 3.9 acres and includes 8 mobile homes within 15 existing sites. Six homes received full interior and exterior modernization in 2025, including flooring, roofs, windows, HVAC systems, appliances, skirting, and decks. The remaining two homes have completed roof and exterior work but need interior finishing. The property’s improvements include a 5,600-square-foot structure and date to 2005.
Located at 4182 367 S Highway in Searcy, Arkansas, the community offers an established mobile-home-park configuration with additional site capacity beyond the current homes. Recent capital work has addressed major building components and equipment across the homes, while the two partially completed units provide a defined renovation scope.
Located at 4182 367 S Highway in Searcy, Arkansas, the community offers an established mobile-home-park configuration with additional site capacity beyond the current homes. Recent capital work has addressed major building components and equipment across the homes, while the two partially completed units provide a defined renovation scope.
Key Highlights
- 8 park‑owned mobile homes across 15 existing mobile‑home sites
- 6 of 8 homes fully remodeled in 2025
- 2 homes have completed roofs and exterior work; interior finishing remains
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,248
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,960
$605.0K
Cap Rate 7%
$432,114
$432.1K
Cap Rate 9%
$336,089
$336.1K
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$59.1K $10.56/SF
− Vacancy
−$4.1K −$0.74/SF
EGI
$55.0K $9.82/SF
− OpEx
−$24.7K −$4.42/SF
NOI
$30.2K $5.40/SF
Area
White County, AR
Vacancy
7.00%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,960
Cap Rate 7%
$432,114
Cap Rate 9%
$336,089
Alternative Uses
Best Use
Apartment 5plus
$432.1K
$378.1K – $504.1K
NOI $30,248 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$896.1K – $1.19M
NOI $71,689 @ 7.0% cap · market cap 19.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Park-owned community with substantial 2025 renovations and additional sites available for occupancy.
Where is this mobile home & rv park located?
The property is located at 4182 367 S Highway Searcy, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 8 park‑owned mobile homes across 15 existing mobile‑home sites; 6 of 8 homes fully remodeled in 2025; 2 homes have completed roofs and exterior work; interior finishing remains
