Investing in mobile home parks in Mississippi presents a unique opportunity for those looking to enter the real estate market or expand their existing portfolio. With a growing demand for affordable housing, mobile home parks offer stable cash flow and potential for significant returns. In this article, we’ll explore several promising mobile home park listings in Mississippi, highlighting their features, financial potential, and investment advantages. For more detailed listings and insights, consider visiting dedicated platforms for mobile home park sales.

Why Choose Mississippi for Mobile Home Park Investments?

Affordability: Mississippi is known for its low cost of living, making it an attractive location for affordable housing solutions. This affordability translates into higher demand for mobile home parks.
Stable Rental Income: Mobile home parks often provide consistent rental income with lower vacancy rates compared to traditional rental properties, making them a reliable investment.
Value-Add Potential: Many mobile home parks offer opportunities for improvement and expansion, allowing investors to increase cash flow through strategic upgrades and management.

Featured Mobile Home Park Listings in Mississippi

1. Grey's Mobile Home Park

Location: Somewhere in Mississippi
Price: $165,000
Listing ID: 6987712

Grey's Mobile Home Park offers a fantastic investment opportunity with 28 lots, each equipped with its own water and electric meters. The property has the potential to generate rental income ranging from $150 to $250 per lot, or investors can choose to own units themselves, earning between $900 to $1,200 monthly for each unit rented out.

Community Type: All Age
Lot Size: 14 acres
Average Lot Rent: $150
Gross Income: $28,800
Net Operating Income: $24,897

This park is ideally situated off Freetown Road, providing easy access to local amenities and a thriving community. With the demand for affordable housing on the rise, this mobile home park presents a lucrative opportunity for investors looking to expand their portfolio.

2. Waynesboro Mobile Home Park

Location: Waynesboro, MS
Price: Contact for details
Listing ID: 6981291

This mobile home park features 16 lots and boasts a 100% occupancy rate, making it a stable investment with immediate cash flow. The park benefits from below-market rents and a well-developed market with a Walmart just five minutes away, enhancing its appeal to potential tenants.

Gross Income: $80,400
Operating Expense: $15,000
Net Operating Income: $65,400

The park’s grandfathered-in status and long-term tenants contribute to its stability, while the strong demand for affordable housing in the area presents a solid investment opportunity.

3. Southern Mobile Home Park

Location: 8325 Poplar Springs Drive, Meridian, MS
Price: $1,400,000
Listing ID: 6974107

Southern Mobile Home & RV Park is a prime investment opportunity featuring 59 total spaces, including 28 park-owned homes and 16 RV lots. With a projected cap rate of 12% after completion, this park offers excellent value-add potential and multiple income streams.

Community Type: All Age
Utilities: Municipal water and sewer
Lease-Option Available: Yes

This property provides room to increase rents and occupancy, making it an attractive option for investors seeking immediate income and strong upside potential. The presence of RV lots also diversifies income sources, catering to a broader market.

Benefits of Investing in Mobile Home Parks

High Demand for Affordable Housing: As housing prices continue to rise, more families are seeking affordable living options, making mobile home parks increasingly relevant.
Lower Management Costs: Many parks have tenant-owned homes, which reduces the owner's responsibility for maintenance and repairs, allowing for a more hands-off investment approach.
Potential for Appreciation: Investing in mobile home parks can lead to property appreciation over time, particularly in areas with growing populations and economic development.
Community Development: By investing in mobile home parks, you contribute to the development of affordable housing solutions in your community, providing homes for families in need.

Conclusion

Mississippi offers a variety of mobile home park investment opportunities that cater to different budgets and investment strategies. From the promising Grey's Mobile Home Park to the fully occupied Waynesboro Mobile Home Park and the expansive Southern Mobile Home Park, there’s something for every investor.

If you’re interested in exploring these listings further and discovering more about the mobile home park investment landscape, check out platforms specializing in mobile home park sales. With the right approach and strategic management, investing in mobile home parks in Mississippi can yield substantial returns while addressing the critical need for affordable housing. Start your journey today and secure a promising investment in this thriving market!