23061 23063 23065 & 23067 Rd Picayune, MS 39466
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.