Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add Upside Rare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential. The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream. According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Paved, Unpaved
-
Pool
No
Area & Lot
-
Lot Size(acres)
10.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$3,900,000
-
Zoning
Resid Multi-Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Jackson
Elementary School
Middle School
High School
Listing Courtesy of Scott S Harris , Chipola Realty
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