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Pecan Grove MHP - Brookhaven, MS 765 Union Church Rd

11 Unit Mobile Home Park $350,000 ($31,818/Unit) 15.38% Cap Rate Brookhaven, MS 39601

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Investment Highlights

Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents
Park Priced at Around $31,000 a Unit Within City Limits

Park Currently Operating at 27% Occupancy; Fill Vacant Units and Bring Park Up to Market Rent to Realize a 15.38%+ Cap Rate
11 Total Units: 10 POH / 1 TOH; Utilities: City Water and Sewer; Gravel Roads

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale Pecan Grove MHP Located at 765 Union Church Road in Brookhaven, MS. This Deal Includes a Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616

Property Facts

Price	$350,000	Property Subtype	Manufactured Housing/Mobile Home General Retail Storefront Retail/Residential Multifamily Apartments Multifamily Dormitory
Price Per Unit	$31,818	Lot Size	1.19 AC
Sale Type	Investment	Building Size	51,836 SF
Cap Rate	15.38%	Average Occupancy	27%
No. Units	11	No. Stories	1
Property Type	Multifamily	Year Built	2000

Price	$350,000
Price Per Unit	$31,818
Sale Type	Investment
Cap Rate	15.38%
No. Units	11
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home General Retail Storefront Retail/Residential Multifamily Apartments Multifamily Dormitory
Lot Size	1.19 AC
Building Size	51,836 SF
Average Occupancy	27%
No. Stories	1
Year Built	2000

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