505 Winchester Rd, Monticello, AR 71655

Listing office Split Arrow Capital Brokers

Listing date Feb 13, 2026

Source Crexi

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Overview

This property presents a value-add opportunity through strategies such as raising lot rents to market levels, filling vacant sites, managing Rent-to-Own (RTO) homes, and billing back water and sewer expenses. The property is situated within a strong student and workforce housing market. City water and sewer services are available. The homes are reported to be in good condition and well-kept. Pro forma annual gross income could reach $307,872 by increasing rents to market levels. Further potential exists to achieve a pro forma annual gross of $405,648 by filling homes and raising rents to market levels.

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Nail Salon Accounting Firm Kitchen & Bath Showroom Hair Salon HVAC Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Monticello

County

Drew

State

Arkansas

Longitude

-91.773487

Latitude

33.635179

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with value-add potential in Monticello, Arkansas.

Where is this mobile home & rv park located?

The property is located at 505 Winchester Rd Monticello, AR.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: Opportunity to acquire a majority of the Monticello MHC market.; Value‑add potential through raising lot rents to market level.; Pro Forma Annual Gross $405,648 by POH infill & raising rents to market level.