Contact Information

Mobile Home Park Details

  • Price: $915,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.7%
  • Listing ID: 3997445
  • Posted On: Nov 15, 2023
  • Updated On: Nov 16, 2023


Central Mississippi Mobile Home Park
48-Space Community in Carthage, Mississippi


Located in the geographic center of Mississippi, Carthage is home to 4,725 residents. Carthage is the seat of Hancock
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.

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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