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0 HWY 61 Blytheville AR 72315

[Locked] • APN 305-00491-332

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Details
Property Type Multifamily
Sub Type RV Park
Lot SqFt 489,672
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code R2
Year Built 1989
Building Count 35
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******
Tax Assessed Value ******

Property History

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Property Type
Property Type
Land, Multifamily
Property Subtype
RV Park
Marketing Description
100% vacant former MHP/RV park on 13.79 acres.
Property Type
Property Type
Mobile Home Park, Multifamily
Property Subtype
RV Park
Asking Details
Asking Cap Rate
******
Marketing Description

Blytheville, Arkansas | 13.79 Acres | 75 Pads | 100% Vacant

Meadow Wood Community presents a rare opportunity to acquire a 75-lot mobile home park located in Blytheville, Arkansas, a city of approximately 40,000 residents. Spanning 13.79 acres and currently 100% vacant, this park offers the perfect blank canvas for redevelopment or repositioning.

Originally established around 1960, the park has been operated by the current ownership group since 2019. After several years of operation as a traditional manufactured housing community, the owners began transitioning the property into a KOA-style RV campground. While the conversion was not completed, foundational infrastructure remains intact, allowing a new buyer to pursue either strategy—re-establishing a mobile home park or completing the RV park transformation.

The property is fully connected to city water and sewer and features individual electric, gas, and water meters at each pad—a critical advantage for efficient utility management. Internal roads are gravel and currently in decent condition, minimizing up-front capital improvements.

On-site are 22 vacant mobile homes, providing optional renovation and rental upside or potential removal for a clean redevelopment start. The park is zoned R-3 Residential and is not located in a flood zone, reducing both permitting challenges and environmental risk.

Importantly, Meadow Wood benefits from proximity to a key regional economic driver—the revitalized local steel mill, which was recently highlighted in a regional news article. With renewed investment and a supportive local administration, the area is expected to experience economic growth and rising demand for affordable housing. This positions Meadow Wood as a timely and strategic investment for developers or operators looking to capitalize on expanding housing needs.

Highlights:

Highlights:
•75 Total Pads | Full Utility Infrastructure (City Water/Sewer, Individually Metered Gas, Electric & Water)
•13.79 Acres | Zoned R-3 | Not in Flood Zone
•22 Vacant Homes On-Site | Option to Renovate or Remove
•Roads in Decent Condition (Gravel)
•Near Revitalized Steel Mill & Economic Growth Corridor
•Perfect for MHP Repositioning or RV Park Redevelopment

MR. LANDMAN, LLC is a licensed entity in the State of Arkansas. Jonathan Fisher is a licensed broker primary broker in the State of Arkansas under Lic#PB00090772.

Location

Blytheville is a strategically located city in Mississippi County, Arkansas, with a population of approximately 40,000 residents in the surrounding area. Positioned just off Interstate 55, it offers direct access to Memphis, TN (about 65 miles south), making it an important link in regional transportation, logistics, and manufacturing networks.

Historically rooted in agriculture and steel production, Blytheville has emerged in recent years as a key industrial and economic hub in northeastern Arkansas. It is home to Nucor Steel, the largest producer of steel in the United States, which continues to expand its operations locally. Recent revitalization and reinvestment into the steel mill and surrounding industry have created a renewed wave of job creation, population stability, and housing demand.

Other notable attributes include:

•Cost-effective labor and living costs, making the city attractive to working-class families and retirees alike.
•Access to regional healthcare facilities, schools, and retail amenities.
•Served by Blytheville Municipal Airport, and within driving distance of Memphis International Airport for broader connectivity.
•Mild climate and ample land availability support ongoing residential and commercial development.

Blytheville has an unemployment rate of 7.7%. The US average is 6.0%.

Blytheville has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

The Median household income of a Blytheville resident is $43,191 a year. The US average is $69,021 a year.

The median home cost in Blytheville is $92,200. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Blytheville is up 17.9%.

Renters make up 36.5% of the Blytheville population.

The average 1-bedroom rental unit rents for $580/month.
The average 2-bedroom rental unit rents for $730/month.
The average 3-bedroom rental unit rents for $980/month.

Investment Highlights

•City water & city sewer!
•Flexibility to be a MHP or RV park!
•Blank canvas for experienced developers!
•Seller financing available!

Property Type
Property Type
Mobile Home Park
Asking Details
Asking Cap Rate
******
Marketing Description

Meadow Wood Mobile Home Park 5041 N US Highway 61, Blytheville, AR 72315 75 Lot Mobile Home Park


Morris Realty & Auction, Jeff Morris, Broker: TN#5248 | TN#213238 | FL #AU4602 | FL#BK3282699 | AR#58033 | AR#1873 | MS#1007 | MS#18505 | AL#1996.

CALL - Office - 901-565-7770 or Mobile - 901-335-9519 should you have questions that are not answered after reading the documents provided.

The information included is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and is furnished by the owner and deemed reliable to the best of its/his/her/their knowledge, but should be verified by the purchaser.

Morris Realty & Auction assumes no responsibility for typographical errors, misprints or misinformation. This Property is being offered ans is being sold in AS IS, WHERE IS and WITH ALL FAULTS condition and with the exclusive understanding that purchaser has previously been given the opportunity to conduct, and has conducted, such investigations and inspections of the Property as it/he/she/they deemed necessary or appropriate.

Investment Highlights
  • Established Mobile Home Park
  • 13.14 acre +/- site with 75 pads and 1 Storage Building
  • Utility connections at each pad include Public Sewer, Public Water, Public Electric, Onsite Trash Service, and parking pad.
  • Sale includes 6 mobile homes, a Large Storage building, and Trash Compactor at no additional cost.
  • Current occupancy 32% with 24 pads leased
  • 36 month weighted average NOI $46,080.00 annually

  • See Attachments for additional information, Due Diligence Documents, Terms & Conditions, Bid Registration, Sales Contract, and Broker Registration Forms. List price is for search purposes only.


  • Morris Realty & Auction, Jeff Morris, Broker Licenses: TN#5248 | TN#213238 | FL #AU4602 | FL#BK3282699 | AR#58033 | AR#1873 | MS#1007 | MS#18505 | AL#1996.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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R2 ResidentialMulti FamilyLow Density Residential
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View all 33 uses
View all 33 uses
Last updated Apr 16, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
SM
Skip Miller PRO
•••.•••.9519
skip@••••••••••.net
Brokerage logo
Sold on
 BY:
JF
Jon Fisher PRO
•••.•••.0924
•••••••••1991@•••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Ripley, TN.
Ripley, TN median rent ********
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National median ********
Compare median rents across markets
Ripley, TN (nearest market)
Studio ******** 1 bed ******** 2 bed ********
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Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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