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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29297214
29297213

15311 Cedar Ln, North Little Rock, AR 72118

GB
AR SA00098486
United Country Diamond G Realty
Listed by United Country Diamond G Realty
$450,000
139 days on market
Updated 74 days ago

Mobile Home Park in Marche Oak Grove Community

Details
Property Type Mobile Home Park
Sub Type 1
Square Footage 206,039
Units 10
Cap Rate 10.6%
NOI $47,709
Pro-Forma Cap Rate 10.6%
Pro-Forma NOI $47,709
Price per SqFt $2
Price Per Acre $128,330
Broker Co-Op Yes
Investment Type Owner/User

Mobile Home Park located just minutes off Interstate 40 Exit 142 near Maumelle, Arkansas

Marketing description

This mobile home park community has 10 units on 4.73 acres on the outskirts of Maumelle in the Marche area. The park is an older park and has served the community as an affordable rental option for years. Most tenants have been there over 8 years. Park is on city water with septic tanks for the units. Established financials available.

Property includes pond in the back, home on the property, double wide that the owner currently resides in, and 7 single wide trailers and one trailer spot with owner owned trailer on it.

Two are currently vacant and needing repair.

Options are endless on this property. Whether you continue as is and use as a steady income, revamp into an RV park, remove trailers and build duplexes.....INVESTMENT OPPORTUNITY AWAITS!

Call today!

Listing Contacts

GB
AR SA00098486
United Country Diamond G Realty
Listed by United Country Diamond G Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,709.00
$3,975.75/mo

Valuation Metrics

0
DSCR
10.6%
Cap Rate
10.6%
ROI

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Additional Information

Name
Glenda Bunch
License
SA00098486
Brokerage
United Country Diamond G Realty
Brokerage Phone
870-269-8707
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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