52 Unit Two MHP Portfolio - Monticello, AR

Name: 52 Unit Two MHP Portfolio - Monticello, AR
Brand: Marketplace
Price: 1900000
Availability: InStock

505 Winchester Rd,
Monticello, AR 71655

Asset Snapshot

52 Units

Unit Count

0 SF

Average Unit Size

Offering Summary

Country Mobile Home Court - 505 Winchester Rd, Monticello, AR 71655 Hwy 35 Mobile Home Park - 1504-1542 Hwy 35 S, Monticello, AR 71655

Add Value By Raising Rents to Market Level, Infilling Vacant Sites, and RTO Current POHs
City Water & Sewer
Strong Student & Workforce Housing Market
Homes in Good Condition and Well Kept
Renters Versus Home Owners in Monticello: 54% : 46%
Pro Forma Annual Gross $309,934.44 By Raising Rents To Mkt Level (+$75)
Pro Forma Annual Gross $380,734.44 By POH Infill & Raising Rents to Mkt Level

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