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31085461
31085462

451 Mt Pisgah Rd, Searcy, AR 72143

JK
AR SA00058496
RE/MAX Advantage
Listed by RE/MAX Advantage
$700,000
85 days on market
Updated 85 days ago

Cash-Flowing 6-Unit MHP | 10 Acres | Room to Expand

Details
Property Type Mobile Home Park
Sub Type Mobile Home Park
Net Rentable (SqFt) 9,184
Units 6
Cap Rate 7.27%
NOI $50,901
Occupancy 100%
Price per SqFt $76
Year Built 2007
Buildings 6
Stories 1
Acreage 10.000
Investment Type Net Lease

6-Unit Mobile Home Park | 10 Acres | Cash Flow

Marketing description

This income-producing mobile home park located at 451 Mt. Pisgah Road in White County, Arkansas offers investors a strong combination of immediate cash flow and future expansion potential. Situated on approximately 10 acres just minutes from Searcy, the property benefits from convenient access to employment, shopping, and local amenities while maintaining a quiet rural setting.

The park currently consists of six double-wide mobile homes, all occupied and generating steady rental income. Recent improvements include new roofs installed within the past three years and several updated HVAC systems, helping reduce near-term maintenance expenses and improve tenant comfort.

Utilities include private septic systems and city water, supporting efficient operations.

With 10 acres of land, the property offers additional room to add homes or lots, providing investors with a clear path to increase income through expansion or rent optimization. This is an ideal opportunity for investors seeking a stable, cash-flowing asset with value-add potential in the growing Searcy market.

Investment highlights

This income-producing mobile home park at 451 Mt. Pisgah Road in White County, Arkansas presents an attractive opportunity for investors seeking stable cash flow with expansion potential. Located just minutes from Searcy, the property sits on approximately 10 acres and benefits from strong demand for affordable housing in the area.

The park currently features six double-wide mobile homes, all fully occupied and generating consistent rental income. Recent capital improvements include new roofs installed within the past three years and several updated HVAC systems, helping reduce maintenance needs and improve tenant retention.

Utilities include private septic systems and city water, supporting efficient property operations.

With ample acreage remaining, the property offers future upside through additional home sites, rent adjustments, or operational improvements. This investment provides buyers with immediate income and long-term growth potential in a desirable Central Arkansas market.

Listing Contacts

JK
AR SA00058496
RE/MAX Advantage
Listed by RE/MAX Advantage

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,901.00
$4,241.75/mo

Valuation Metrics

0
DSCR
7.27%
Cap Rate
7.27%
ROI

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Additional Information

Name
John Kilpatrick
License
SA00058496
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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