NEW PRICE!!!
This investment opportunity is located just outside of Cabot , Ar., one of the fastest growing areas in the state.
32 park owed homes, of which 1 is a very nice double-wide with a shop(manager home/office).
Park is 9 acres with asphalt street, concrete curbs,concrete parking pads and sidewalks, city water, sewer, and street lights.
Park has on-site manager.
As each unit is rehabbed the rent is increased $50 to $100/month.
There are 14 lots that are vacant with utilities already in place, so excellent expansion potential at lower cost variables. In addition there is room for 15 to 20 additional lots at the end of the cul-de-sac and thru out the park ,for a park potential of 65 or more units. Good location for duplexes also.
Average rent/unit - $425/month