Owner Finance Option with a 50+ year Mobile Home Park on 21+/- Acres

5130 Highway 8 W Arkadelphia, AR 71923

5130 Highway 8 W, Arkadelphia, AR, 71923
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FOR SALE
Property Type:
Mobile home
Amount:
$1,750,000
Last Verified:
Mar 05, 2024

Highlights

  • 50+ years Established Mobile Home Park/Community
  • 45 Park Owned Mobile Homes
  • 50 Spaces
  • Private EPA approved Septic System
  • Owner Finance Available
  • Current Monthly Rent Income $25,300

Description

Discover a compelling investment opportunity in the heart of Arkadelphia, AR. This long-standing mobile home park/community, spanning over 50 years, features 45 park-owned mobile homes and 50 spacious lots. With a 90% occupancy rate and owner financing available, this property offers a solid income-generating potential for multifamily/mobile home park investors. The private EPA-approved septic system ensures efficient waste management, providing peace of mind for both owners and residents. Positioned in the thriving Arkadelphia area and boasting a total of 24 acres, this property presents a stable and prospering investment opportunity.

Located in the charming town of Arkadelphia, AR, the area surrounding Killingsworth Mobile Home Park offers a blend of small-town charm and modern conveniences. With easy access to Highway 8, residents enjoy a peaceful setting while being just a short drive from local amenities and attractions. Arkadelphia boasts a friendly community atmosphere and is home to Ouachita Baptist University, attracting a mix of students and locals. The nearby DeGray Lake State Park is perfect for outdoor enthusiasts, providing opportunities for hiking, fishing, and boating. Additionally, the area features a variety of dining options, making it an ideal location for multifamily or mobile home park investors seeking a comfortable yet vibrant community.

Building Size: 2288sq ft
Lot Size: 24.0 acres


Documents

Offering Memorandum

Map of 5130 Highway 8 W, Arkadelphia, AR, 71923

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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