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207 Magnolia St
Newton, MS 39345

36 UNIT PARK SEPARATE UTILITIES & CITY SEWER! · Multifamily Property For Sale · 15,000 SF

Investment Highlights

  • 14 PARK OWNED MOBILE HOMES, 4 TENANT OWNED HOMES TOTAL OF 18 HOMES WITH 18 SPACES AVAILABLE TO ADD MORE HOMES
  • Individually metered, tenants pay all utilities! City water and City sewer services
  • Sale includes 3 parcels with over 16 acres of land to add more mobile homes!
  • INCLUDES TWO MOBILE HOME PARKS 207 MAGNOLIA AND 921 W CHURCH ST ( NEXT TO ONE ANOTHER ) ON 16.2 ACRES
  • Deferred maintenance, you can be at 100% occupancy within days, and make TWICE the income
  • Walking distance to Walmart, Banks, Schools, and much more!

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 16.50 AC
Building Size 15,000 SF
Average Occupancy 60%
No. Stories 1
Year Built/Renovated 1980/2018

Site Amenities

  • Basketball Court

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057L-33-00-014.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,588
  • Listing ID: 26499113

  • Date on Market: 8/26/2022

  • Last Updated:

  • Address: 207 Magnolia St, Newton, MS 39345

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