Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 1167759
  • Posted On: Dec 16, 2019
  • Updated On: Feb 22, 2021

Description

**NOW PRICED**

• 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.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

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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