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Property profile & analytics
OFF-MARKET
Specialty properties

23061 23063 23065 & 23067 Rd Picayune, MS 39466

5.95 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained mobile home park situated on a spacious 5.95-acre lot in Picayune, Mississippi. The property, located at 23061, 23063, 23065 & 23067 Road 262, zip code 39466, boasts four currently rented mobile home units, each updated to varying degrees. The picturesque setting is enhanced by numerous mature oak trees. Significant potential for expansion exists, with the ability to add up to four more units on the ample land. A substantial pole building, complete with a second-story storage room, provides additional utility and storage space. The property also features extra concrete slabs, offering further flexibility for development or expansion. Built in 1985, this property offers a strong cash flow potential with its consistently occupied units. The asking price is $259,000. This is an ideal investment for those seeking a turnkey operation with immediate income and significant upside potential. The property's location in Picayune, Mississippi provides easy access to local amenities and transportation routes. Don't miss this chance to acquire a profitable and attractive mobile home park.

Property profile
Verified
Property type Specialty properties
Year built 1985
Lot 5.95 ac (259,182 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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