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2117 Highway 412 W
Siloam Springs, AR 72761

Mobile Home Park · Multifamily Property For Sale · 10,000 SF

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Executive Summary

Established mobile home park in the heart of Siloam Springs. Located just east of Cherokee Casino at West Siloam Springs, this property has over 200 feet of Highway 412 frontage where there are 28,000 vehicles per day that pass by. This mobile home park is 2.27 acres that has 31 mobile home slips that have individualized water, electric, sewer, and gas hookups. This park has a lot of value add potential, with only being 50% occupied. All trailers are park owned, and will covey with the sale of the property. The 2.27 acres is zoned C-2 and MH for manufactured homes. This property could be a great investment to continue as a mobile home park or a future commercial/multi family development.

PROPERTY FACTS

Price Per Unit	$61,667	Property Subtype	Manufactured Housing/Mobile Home
Sale Type	Investment	Building Size	10,000 SF
Cap Rate	9%	Average Occupancy	50%
Sale Conditions	1031 Exchange Business Value Included	No. Stories	1
No. Units	15	Year Built/Renovated	1970/1998
Property Type	Multifamily

Price Per Unit	$61,667
Sale Type	Investment
Cap Rate	9%
Sale Conditions	1031 Exchange Business Value Included
No. Units	15
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Building Size	10,000 SF
Average Occupancy	50%
No. Stories	1
Year Built/Renovated	1970/1998

PROPERTY TAXES

Parcel Number	03-02046-000	Improvements Assessment	$9,423
Land Assessment	$92,573	Total Assessment	$101,996

PROPERTY TAXES

Parcel Number

03-02046-000

Land Assessment

$92,573

Improvements Assessment

$9,423

Total Assessment

$101,996

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Listing ID: 34159396
Date on Market: 12/11/2024
Last Updated:
Address: 2117 Highway 412 W, Siloam Springs, AR 72761

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