2117 Highway 412 W - Manufactured Housing/Mobile Housing FOR SALE


Siloam Springs, AR 72761
$925,000 USD
479-756-1003
2117 Highway 412 W, Siloam Springs, AR for Sale
$925,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/26
null | 9% Cap Rate

2117 Highway 412 W
Siloam Springs, AR 72761


OVERVIEW

Established mobile home park in the heart of Siloam Springs. Located just east of Cherokee Casino at West Siloam Springs, this property has over 200 feet of Highway 412 frontage where there are 28,000 vehicles per day that pass by. This mobile home park is 2.27 acres that has 31 mobile home slips that have individualized water, electric, sewer, and gas hookups. This park has a lot of value add potential, with only being 50% occupied. All trailers are park owned, and will covey with the sale of the property. The 2.27 acres is zoned C-2 and MH for manufactured homes. This property could be a great investment to continue as a mobile home park or a future commercial/multi family development.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

15

PRICE/UNIT

$61,667

CAP RATE

9%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

03-02046-000

ASK ABOUT THIS PROPERTY

Ben AndersonWeichert Realtors - The Griffin Company SpringdaleMore Info
479-756-1003

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Ben AndersonWeichert Realtors - The Griffin Company SpringdaleMore Info
479-756-1003

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