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198 OAK FORREST RD SEARCY, AR 72143
- Mobile or Manufactured Home / Resale (MLS)
Property Details for 198 OAK FORREST RD, SEARCY, AR 72143
Features
- Price/sqft: $47
- Stories: 100
- Heating: Central Furnace
Facts
- Year Built: 01/01/1997
- Property ID: 903634147
- MLS Number: 24027399
- Parcel Number: 001-08322-000-MH010
- Property Type: Mobile or Manufactured Home
- County: WHITE
- Legal Description: S 1097 LKS W 1367.5 LKS SW NW MOBILE HOME ONLY
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Mobile Home Park Investment Opportunity Welcome to a prime investment opportunity with this 23-pad mobile home park, sprawling across a generous 15-acre lot. This park presents a golden chance to add significant value and growth potential. With ample space to expand and add more units, investors can capitalize on the increasing demand for affordable housing. All homes in the park are park-owned, with tenants responsible for paying their own utilities, simplifying management and reducing overhead costs. Current rents offer room for adjustment to align with market rates, providing an immediate avenue for revenue enhancement. Additionally, operational expenses can be optimized, further increasing profitability. The park features a blend of well-maintained lawns and shade trees, creating an attractive and comfortable living environment for tenants. Positioned away from the homes, these green spaces offer a serene retreat within the community. Conveniently located close to shopping centers, entertainment venues, and commercial hubs, this mobile home park ensures easy access to essential amenities and leisure activities, making it a desirable location for residents. See Agent Remarks
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Property Brokerage:
Fathom Realty AR, LL - L. R. Branch
10515 West Markham St., Ste E3
Little Rock
AR
72205
Copyright © 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.