3613 AR-8 - Manufactured Housing/Mobile Housing FOR SALE


Mena, AR 71953
$2,400,000 USD
479-216-8645
3613 AR-8, Mena, AR for Sale
$2,400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/26
null | Request Cap Rate

3613 AR-8
Mena, AR 71953


HIGHLIGHTS

  • Mobile home park spanning 7.6 acres with 20 park-owned units plus two site-built homes and two tiny homes.
  • Includes eight outbuildings, three containing surplus materials and appliances for operational use.
  • Tenants are responsible for their own utilities, with limited water costs handled by the park.
  • Positioned just outside city limits with convenient access to shopping centers and entertainment venues.
  • Near recreational amenities, including ATV trails and proposed bike paths within a five-minute drive.
  • Significant value-add potential with ample land for expansion and additional units.

OVERVIEW

Mobile Home Park Investment Opportunity: Welcome to a prime investment opportunity with this mobile home park containing 20 mobile homes, 3 bed 2 bath frame home, 2 bed 1 bath frame home, 2 tiny homes, 8 outbuildings (3 containing a surplus of materials and appliances), sprawling across a generous 7.6 acre lot located just outside the city limits. 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 are park owned (with the exception of 1 RV), with tenants responsible for paying their own utilities (with the exception of some that the park pays the water). Conveniently located close to shopping centers, entertainment venues, ATV trails and the proposed bike trails (that are located within 5 minutes). This mobile home park ensures easy access to essential amenities and leisure activities making it a desirable location for residents. See Agent Remarks This mobile home park at 3613 AR-8 in Mena, Arkansas is positioned to benefit from a major upcoming growth catalyst. Mena is developing state-of-the-art bicycle trails that are already generating excitement from regional and national cycling communities, including groups in Bentonville. The property offers a unique advantage as the only mobile home park on the same side of town as the trail system and is located just five minutes away via side streets, with no highway travel required. As tourism and demand increase, this asset is well positioned in an expanding market.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

24

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.48 AC

LAND SF

325,829 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rhonda TimsKeller Williams Realty MenaMore Info
479-216-8645

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Rhonda TimsKeller Williams Realty MenaMore Info
479-216-8645

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.