Exceptional investment opportunity in Scott County, Mississippi! This well-maintained 24-unit mobile home park offers an attractive 9% cap rate with additional growth potential sitting on 20.1 acres it boast a strong rental history with low tenant turnover, and consistant demand. This established income-producing provides immediate cash flow with long-term upside. Whether your expanding an existing portfolio or looking for a solid multifamily investment, this property deserves a closer look!
| MLS # | 4159761 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 47 |
| Listing Provided By | Summer House Realty | Carmen Ragland Nason |
| Bed(s) | 65 |
|---|---|
| Bath(s) | 44 Total |
| SQ Feet | 24,000 |
| Story(s) | 1 |
| Units | 24 |
| Acreage | 20.10 |
| Water Front | None |
| Cooling | Ceiling Fan(s), Window Unit(s) |
|---|---|
| Heating | Electric |
| Furnished | No |
| Exterior Features | Lighting |
|---|---|
| Roof | Metal, Shingle |
| Construction Materials | Aluminum Siding, Masonite, Metal Siding |
| Foundation Details | Raised, Slab |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Varies by Unit |
| Utilities | Electricity Available, Electricity Connected |
|---|
| Property | 1939 |
|---|
| State | MS |
|---|---|
| County | Scott |
| City | Forest |
| Zip Code | 39074 |
| Area | Scott |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $2,400,000 low | high Med: $228,000 sqft: 24,000 low | high Med: 2,210 $ / sqft: $100 low | high Med: $103 On site: 47 low | high Med: 49 | |
| State | MS |
|---|---|
| County | Scott |
| City | Forest |
| Zip Code | 39074 |
| Area | Scott |
| Community Name | Metes And Bounds |
| Listing VS Median (in Metes And Bounds) | |
Price: $2,400,000 low | high Med: $228,000 sqft: 24,000 low | high Med: 2,210 $ / sqft: $100 low | high Med: $103 On site: 47 low | high Med: 49 | |