Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.7% (Actual)
- Listing ID: 3997445
- Posted On: Nov 15, 2023
- Updated On: Feb 12, 2024
Description
Central Mississippi Mobile Home Park
48-Space Community in Carthage, Mississippi
Location
Located in the geographic center of Mississippi, Carthage is home to 4,725 residents. Carthage is the seat of Leake County, and encompasses a total area of 9.4 square miles. Jackson, MS is located a 45 minute drive southwest of
Carthage. The cities' largest economic sector is manufacturing, followed by retail trade and healthcare. Carthage has a
tried and true manufacturing base, with Nissan of America Plant only 30 minutes out of town. Carthage is also home to
the largest chicken processing plant in the world with a volume of 2.5 million chickens a week.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 48 |
| Total Occupancy: | 65.0 % |
| Average MH Lot Rent: | $560 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $209,700 |
Lot Information
| Singlewide Lots: | 48 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 26 |
| Average Rent for Park-owned Homes: | $560 |
