Contact Information

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

MR LANDMAN LLC

CONTACT BROKER

Price: $550,000
Purchase Method: Cash, Seller Financing, New Loan
Cap Rate: 0.0% (Actual)
Listing ID: 6929918
Posted On: Jun 26, 2025
Updated On: Jun 26, 2025

Description

Blytheville, Arkansas | 13.79 Acres | 75 Pads | 100% Vacant

Meadow Wood Community presents a rare opportunity to acquire a 75-lot mobile home park located in Blytheville, Arkansas, a city of approximately 40,000 residents. Spanning 13.79 acres and currently 100% vacant, this park offers the perfect blank canvas for redevelopment or repositioning.

Originally established around 1960, the park has been operated by the current ownership group since 2019. After several years of operation as a traditional manufactured housing community, the owners began transitioning the property into a KOA-style RV campground. While the conversion was not completed, foundational infrastructure remains intact, allowing a new buyer to pursue either strategy—re-establishing a mobile home park or completing the RV park transformation.

The property is fully connected to city water and sewer and features individual electric, gas, and water meters at each pad—a critical advantage for efficient utility management. Internal roads are gravel and currently in decent condition, minimizing up-front capital improvements.

On-site are 22 vacant mobile homes, providing optional renovation and rental upside or potential removal for a clean redevelopment start. The park is zoned R-3 Residential and is not located in a flood zone, reducing both permitting challenges and environmental risk.

Importantly, Meadow Wood benefits from proximity to a key regional economic driver—the revitalized local steel mill, which was recently highlighted in a regional news article. With renewed investment and a supportive local administration, the area is expected to experience economic growth and rising demand for affordable housing. This positions Meadow Wood as a timely and strategic investment for developers or operators looking to capitalize on expanding housing needs.

Highlights:

Highlights:
•75 Total Pads | Full Utility Infrastructure (City Water/Sewer, Individually Metered Gas, Electric & Water)
•13.79 Acres | Zoned R-3 | Not in Flood Zone
•22 Vacant Homes On-Site | Option to Renovate or Remove
•Roads in Decent Condition (Gravel)
•Near Revitalized Steel Mill & Economic Growth Corridor
•Perfect for MHP Repositioning or RV Park Redevelopment

MR. LANDMAN, LLC is a licensed entity in the State of Arkansas. Jonathan Fisher is a licensed broker primary broker in the State of Arkansas under Lic#PB00090772 .

Location

Blytheville is a strategically located city in Mississippi County,
Arkansas, with a population of approximately 40,000 residents in
the surrounding area. Positioned just off Interstate 55, it offers
direct access to Memphis, TN (about 65 miles south), making it an important link in regional transportation, logistics, and manufacturing networks.

Historically rooted in agriculture and steel production, Blytheville has emerged in recent years as a key industrial and economic hub in northeastern Arkansas. It is home to Nucor Steel, the largest producer of steel in the United States, which continues to expand its operations locally. Recent revitalization and reinvestment into the steel mill and surrounding industry have created a renewed wave of job creation, population stability, and housing demand.

Other notable attributes include:

•Cost-effective labor and living costs, making the city attractive to working-class families and retirees alike.
•Access to regional healthcare facilities, schools, and retail amenities.
•Served by Blytheville Municipal Airport, and within driving distance of Memphis International Airport for broader connectivity.
•Mild climate and ample land availability support ongoing residential and commercial development.

Blytheville has an unemployment rate of 7.7%. The US average is 6.0%.

Blytheville has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

The Median household income of a Blytheville resident is $43,191 a year. The US average is $69,021 a year.

The median home cost in Blytheville is $92,200. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Blytheville is up 17.9%.

Renters make up 36.5% of the Blytheville population.

The average 1-bedroom rental unit rents for $580/month.
The average 2-bedroom rental unit rents for $730/month.
The average 3-bedroom rental unit rents for $980/month.

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