Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1935410
  • Posted On: Nov 16, 2022
  • Updated On: Feb 9, 2023

Description

CALL FOR OFFERS NOVEMBER 30TH

Cavanaugh Mound Estates is a well-managed and well-maintained mobile home community located in Fort Smith, Arkansas with convenient access to Highway 71 and Interstate 540. The 44-unit asset sits on a seven acre site with plenty of room for expansion. Recent infrastructure upgrades will provide substantial costs savings as well as allow for bill-back of utilities. Cavanaugh Mound Estates is a fantastic opportunity for an investor looking for a cash-flowing asset with a number of value-add opportunities.

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Park Information

Number of MH Lots: 44
Total Occupancy: 95.0 %
Year Built: 1972
Average MH Lot Rent: $250
Size: 7 acre(s)

Lot Information

Singlewide Lots: 44

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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