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29724089
29724100

2187 US-425, Monticello, AR 71655 For Sale

WC
FL FL: BK3533965
Split Arrow Capital Brokers
SK
FL FL #SL3588023
Split Arrow Capital Brokers
Listed by Split Arrow Capital Brokers
$3,300,000
158 days on market
Updated 0 days ago

72 Unit MHP Portfolio

Details
APN 001-06418-000-C, 001-07000-000, 703-01198-000-C
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 72
Cap Rate 10.47%
NOI $345,364
Class C
Year Renovated 2025
Acreage 1 - 5
Investment Type Value Add
Ownership Fee Simple

72 Unit 3 MHP Portfolio

Marketing description

PROPERTY DESCRIPTION

Addresses:

Country View MHP - 2187 Hwy 425 N, Monticello, AR 71655

Midway Route MHP - 132 Midway Route, Monticello, AR 71655

Trotter MHP - 646 W Trotter, Monticello, AR 71655

PROPERTY HIGHLIGHTS

Add Value By Raising Lot Rents to Market Level, Infilling Vacant Sites, Paving Roads, RTO current

POHs, and Bill Back Sewer and Water

Opportunity to Acquire Majority of the Monticello MHC Market **Ask About Our Other Two Park

Portfolio

City Water & Sewer

Homes in Good Condition and Well Kept Strong Student & Workforce Housing Market

Pro Forma Annual Gross of $611,940 Raising Rates to Market Level

Investment highlights

SITE DESCRIPTION

Country View MHP

- 30 POHs

- 5 Vacant Lots

- 1 RV Lot

- 2 Offices

- 1 Apartment

- Expansion Land for 13 More Sites

Midway Route MHP

- 14 POHs

- 7 RV Lots

- 1 Vacant Lot

Trotter MHP

- 11 POHs

Listing Contacts

WC
FL FL: BK3533965
Split Arrow Capital Brokers
SK
FL FL #SL3588023
Split Arrow Capital Brokers
Listed by Split Arrow Capital Brokers

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$345,364.36
$28,780.36/mo

Valuation Metrics

0
DSCR
10.47%
Cap Rate
10.47%
ROI

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Property History

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Additional Information

Name
Alex Everest
License
PB00091090
Brokerage
Broker Of Record Solutions, Inc.
Brokerage Phone
404 713 8008
Title
Broker of Record
Brokerage Address
1201 W Peachtree St. NW, #2300 Atlanta, GE 30309
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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