Contact Information

Todd Fletcher

ARA MHC Group

Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1167759
  • Posted On: Dec 16, 2019
  • Updated On: Dec 16, 2019

Property Description

• Buck Island MHC is a 229-site (192 MH/37 RV) all-age community positioned
on approximately 62 acres of land and located in an opportunity zone. The
property sits near the Memphis MSA which has a current population of
approximately 1,350,000 people. In 2018, the Memphis metro area’s population
grew at its fastest pace in five years.
• The community features a spacious layout with off-street parking, on-site
office, laundry facility and work shed.
• The offering includes 138 community-owned homes, of which 58 are currently
occupied with an average home payment of $374. Opportunity to fill vacant
homes to increase occupancy but will require some capital investments to get
many of the homes rent ready.
• Hillwood Investment Properties recently announced plans to construct a onemillion- square-foot fulfillment center for Amazon located within Hillwood’s
Legacy Park in Olive Branch, MS. The project will create approximately 500
new full-time jobs in the area.
• The FEUER powertrain plant, just five-minutes from the community, is a
state-of-the-art manufacturing facility. The plant was opened in 2016 with a
$68 million investment and plans to expand further with another $140 million
investment that will increase the workforce to 300 employees.
• Within a ten-mile radius of the community, the average household income is
approximately $56,150 with an approximate average home value of $160,830.

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Park Information

Community Type: All Age
Number of MH Lots: 192
Year Built: 1994
Size: 62 acre(s)

RV Information

Number of RV Lots: 37

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