3 Locations

Avison Young is pleased to present the opportunity to acquire multiple mobile home parks in Jonesboro, Arkansas. These mobile home parks total 110,876 SF of land and encompass 5 different parcels. These mobile home parks are around 2 miles from one another and are all strategically placed surrounding Arkansas State University. This is an ideal opportunity for an investor to acquire this asset.

This asset was acquired by way of a foreclosure. As a result, the lender/seller has very little information. Seller has engaged a local property firm to determine current income with existing mobile homes. Several of the mobile homes have been condemned by the city and lender/seller is in the process of having them renovated. Property is being sold in “as-is” condition with the lender/seller not able to provide any due diligence. Buyer to conduct their own investigation.

Location overview:

Jonesboro, Arkansas, is a vibrant city in the northeastern region of the state, known for its role as a regional center for education, healthcare, and commerce. With a blend of small-town charm and growing urban development, Jonesboro offers a dynamic environment for residents and businesses alike. The city is home to Arkansas State University and boasts a strong sense of community, supported by a diverse economy and expanding infrastructure.

The area within a 3-mile radius of downtown Jonesboro reflects a balanced mix of residential neighborhoods, commercial hubs, and service industries. Its strategic location and accessibility make it a focal point for surrounding rural communities, drawing in a steady flow of daytime activity and economic engagement.