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Mobile Home Park with Remodeled Homes
For Sale
$429,000

4182 367 S Highway, Searcy, AR 72143

COMMERCIAL - Searcy, AR

Property Size5,600 SF
Lot Size3.90 Acres
Price / SF$76.61
Days on Market140

Property Features for 4182 367 S Highway

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Directions Go east on Main street until it turns into Highway 367. Property is on your right in-between Searcy and Mcrae
Subdivision SEARCY
Standard status Active
Size 5,600 SF
Lot size 3.90 Acres

Taxes and HOA fees

Tax Description Parcel: 025-15001-000
Tax Annual Amount 1560
Legal Description Parcel: 025-15001-000

Building Details

Year built 2005
Floors in Building 1
Listing Agency: Dalrymple
Listed By: Austin Durham
Added: Mar 19 Changed: Aug 4 Last Checked: Aug 5 at 9:06AM
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.

Investment Insights

Based on property information with market context.

This park-owned mobile home community was built in 2005 and occupies 3.9 acres in Searcy, Arkansas. The property includes 8 mobile homes and 15 total mobile-home sites, with 5,600 square feet of property area identified in the listing. Six homes received comprehensive updates in 2025, including flooring, roofs, windows, HVAC systems, appliances, skirting, and decks. The remaining two homes have completed roof and exterior work and require interior finishing.

Located at 4182 367 S Highway in Searcy, the community combines existing residential improvements with additional site capacity. Its current configuration includes both completed homes and partially renovated units, along with sites that are not yet occupied.

Key Highlights

  • 3.9‑acre mobile home and RV park in Searcy, AR
  • 8 park‑owned mobile homes, including 6 fully remodeled units
  • 15 existing mobile‑home sites total

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.1k $10.56
− Vacancy −$4.1k −$0.74
EGI $55.0k $9.82
− OpEx −$24.7k −$4.42
NOI $30.2k $5.40
5,600 SF · lease $10.56/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$432.1K
$378.1K – $504.1K (±1% cap)
NOI $30,248 @ 7.0% cap · market cap 7.05%
Second Best
no second resolved use
Theoretical Best
Office A
$1.02M
$896.1K – $1.19M (±1% cap)
NOI $71,689 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

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

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 - Park-owned homes feature updated interiors, roofs, HVAC systems, appliances, skirting, and decks.
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 $429,000.
What are key features of this property?
This property features: 3.9‑acre mobile home and RV park in Searcy, AR; 8 park‑owned mobile homes, including 6 fully remodeled units; 15 existing mobile‑home sites total
More about this property
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