140 Landfill Rd Pocahontas, AR 72455
This exceptional investment opportunity presents a well-maintained 40-site mobile home and RV park situated on 20 acres in Pocahontas, Arkansas. Built in 2015 and renovated in 2024, the park boasts 20 existing mobile homes and 20 additional RV sites, all equipped with new water, sewer, and electric lines. The park is the only one in Randolph County, conveniently located near city limits. Unique water and sewer access was granted via a county sewer line project. Complete engineering documents are available, outlining plans for a 40-unit mobile home park, with potential for expansion to 120 sites. This property offers a blend of existing income and significant growth potential in a desirable location, providing a strong return on investment. The park's design allows for easy maneuverability for RVs of various sizes. The tranquil setting offers residents a peaceful environment while maintaining proximity to local amenities, including shops, schools, and dining options. This turnkey operation presents a rare opportunity to acquire a thriving business in a growing community. The asking price is $595,450.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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