Contact Information

Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)

MR LANDMAN LLC

CONTACT BROKER

Price: $75,000
Purchase Method: Cash
Listing ID: 4407579
Posted On: Feb 12, 2024
Updated On: Apr 12, 2024

Description

Rison MHP is a smaller 10-pad MHP in rural Rison, AR. It was purchased with the intention of being flipped by the current owner. As this group has not owned this park for very long, I have limited information on the park and it's infrastructure to share with you.

There is currently one tenant living in the park. The tenant is living in a POH that is currently paying $295/month. The current owners believe that 2-5 other trailers on the property will need to be removed. The current owner has indicated that they have the titles to the POH's. They are unaware if the vacant pads need work prior to accepting new trailers.

The park is on city water & city sewer! No gas meters to the pads. A few pads don't appear to have electrical pedestals. Those pads which have pedestals the amperage to each is unknown. The water/sewer pipe composition is not known. The road is gravel and is in "fair to poor" condition.

Seller financing is NOT available for this property.

Jonathan Fisher is the Primary Broker for Mr. LANDMAN, LLC, AR License#PB00090772.

Location

Rison, officially the City of Rison, is a city in and the county seat of Cleveland County Arkansas. Its population was 1,344 at the 2010 U.S. census. It is included in the Pine Bluff, Arkansas Metropolitan Statistical Area. Rison is a bedroom community for people who work in Pine Bluff (in neighboring Jefferson County). The largest employers are the city and county governments, the Cleveland County School District, the Cleveland County Nursing Home. There are two banks, eight churches, and about forty-five businesses within the city limits. Among the local properties listed on the National Register of Historic Places are the Rison Cities Service Station and the Rison Texaco Service Station.

Rison is located:

25 miles SW of Pine Bluff, AR
65 miles S of Little Rock, AR
66 Miles SE of Arkadelphia, AR
196 miles SW of Memphis, TN

Rison, Arkansas gets a BestPlaces Cost of Living score of 74.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.2% lower than the U.S. average and 3.5% higher than the average for Arkansas.

The median home cost in Rison is $125,900. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Rison is up 19.7%. Renters make up 30.5% of the Rison population.

Rison has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%. The Median household income of a Rison resident is $19,464 a year. The US average is $69,021 a year.

Cleveland County (formerly known as Dorsey County) is a county located in the U.S. state of Arkansas. Its population was 7,550 at the 2020 U.S. census. The county seat and largest city is Rison.

Cleveland County is included in the Pine Bluff, AR Metropolitan Statistical Area, which is also included in the Little Rock-North Little Rock, AR Combined Statistical Area.

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