2103 W MAIN ST Cleveland North Kilgore AR 72422

Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire the 40-site, Shady Pines MHC. The 4.4 acres community features public utilities and is located in Corning, Arkansas.

The asking price for the property is $250,000 ($6,250/lot)

Short-term owner financing available at an asking price of $300,000 ($7,500/lot). Terms negotiable.

• The community is located near the Memphis and Little Rock MSAs.

• Market Rents in the South have increased and continue to see a YOY gain as population grows.

• The Southern USA is the fastest growing region by population, outpacing even Western states with 10.2% growth since 2010 which accounted for nearly half of the country's overall population increase.

• The community has infrastructure in place and can be quickly improved to increase occupancy and rents through existing vacant homes and new homes.

• Corning, AR is a community of 3,100, located 2 hours NW of Memphis, TN (pop. 1.3M) and 2.5 hours NE of Little Rock (pop. 0.5M). Shady Pines is the only sizeable mobile home park in the community.