Mobile Home Park Details

  • Listing ID: 4242939
  • Posted On: Jan 5, 2024
  • Updated On: Apr 4, 2024

Description

Prime MHP in the heart of Benton, AR. This park is one of two MHP's in all of Benton that are grandfathered in with the city no longer allowing any new parks.

Summit MHP is nestled among several single family home subdivisions just a few minutes outside of the city. The park has been emptied and cleared, ready for an owner to bring in brand new homes.

There are 20 sites each with their own individual city water and city sewer meters. The Park Owner will only be responsible for taxes and insurance. Lot rent in the area averages $430/mo. Once this park is filled, it will bring in over $8,500/mo and will be valued just over $1.1 mm. Significant upside awaits a new owner.

Location

Benton is a fantastic area with the best schools in all of central Arkansas.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 20
Total Occupancy: 0.0 %
Average MH Lot Rent: $430
Size: 5 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City