Southside RV Park | 5316 S Caraway Rd
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Southside RV Park 5316 S Caraway Rd
1 Unit Mobile Home Park $1,400,000 ($1,400,000/Unit) Jonesboro, AR 72404
INVESTMENT HIGHLIGHTS
- Newly developed RV park in excellent condition requires minimal/no capex upon takeover.
- Publicly serviced water and sewer, with opportunity to pass this expense onto the tenants via sub-metering.
- Steadily increasing population within the region provides high demand for extended stay RV product.
- Extended stay RV tenant base provides steady and predictable cash flows to ownership.
- Ideally located just minutes from downtown Jonesboro and Arkansas State University.
EXECUTIVE SUMMARY
MH Pro Group is pleased to exclusively offer the sale of Southside RV Park, located in Jonesboro, Arkansas. The park was developed in 2022 and consists of 30 RV sites catering to a long-term tenant base, with 12 additional storage units. All 30 of the RV sites accommodate full hookup to utilities (water/sewer/electricity). Water in the community is publicly serviced through a master-meter and paid for by the community. All RV sites in the park contain both 30 & 50 amp hookups. Roads in the community are asphalt paved and are in excellent condition, with all parking pads being gravel. The on-site building contains an office room, laundry facilities, as well as eight climate controlled interior storage units. Fiber internet service is also provided to tenants free of charge.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,400,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $1,400,000 | Lot Size | 3.40 AC |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 1 | Year Built | 2022 |
| Property Type | Multifamily |
| Price | $1,400,000 |
| Price Per Unit | $1,400,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 3.40 AC |
| No. Stories | 1 |
| Year Built | 2022 |
SITE AMENITIES
- Laundry Facilities
- Storage Space
- Community-Wide WiFi
PROPERTY TAXES
| Parcel Number | 01-134092-04300 | Improvements Assessment | $59,888 |
| Land Assessment | $28,400 | Total Assessment | $88,288 |
PROPERTY TAXES
Parcel Number
01-134092-04300
Land Assessment
$28,400
Improvements Assessment
$59,888
Total Assessment
$88,288
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Southside RV Park | 5316 S Caraway Rd
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