1000 Madison St Clarendon, AR 72029
- Land
Current Use by Public Records
- Land
Property Details for 1000 Madison St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a 37-pad manufactured home park situated in Clarendon, Arkansas, at 1000 Madison, zip code 72029. Located in Monroe County, this property offers a unique blend of existing rental income and significant potential for expansion. The current setup caters to the area's strong demand for rental spaces, particularly among outdoor enthusiasts drawn to the region's renowned hunting opportunities. The property's design allows renters to lease pads for RVs or mobile homes, providing a convenient and attractive option for hunters seeking temporary or seasonal accommodation. The asking price for this multifamily land investment is $800,000. This presents a compelling opportunity for investors seeking steady income streams with the potential for substantial growth. The property's location in a charming small town further enhances its appeal, offering a balance between established rental income and the potential to attract additional tenants. The existing infrastructure provides a solid foundation for immediate returns, while the potential for expansion offers long-term growth prospects. This is a rare chance to acquire a well-positioned multifamily property in a desirable location with a proven track record. The property is classified as both multifamily and commercial, offering flexibility and diverse investment possibilities.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clarendon
- County
- Monroe
- State
- Arkansas
- Longitude
- -91.3019
- Latitude
- 34.6928