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$250,000
Est. payment /mo
2,979 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,979 sqft
Price per Sqft $83
Subdivision Shadow Lawn
MLS Listing ID 4117960
Year Built 1960
Annual Tax Amount $2,320
Lot Size 4.620 Acres
Acres 4.62
Property Sub-Type Business
Source MLS United
Property Description
Investment opportunity:
Take advantage of this rare opportunity to own 4.62± acres of income-producing land currently operating as a mobile home park. The property features three traditional structures alongside tenant-owned mobile homes, offering a low-maintenance investment with built-in stability. With 10 tenants already in place and space available to add 8-10 additional pads, the potential for growth is strong. Generating approximately $60,000 in annual gross income with minimal expenses, the park is anchored by long-term residents and very low turnover—providing a steady, reliable cash flow. Whether you're expanding your portfolio or stepping into real estate investment, this property offers a compelling balance of consistency and upside.
Take advantage of this rare opportunity to own 4.62± acres of income-producing land currently operating as a mobile home park. The property features three traditional structures alongside tenant-owned mobile homes, offering a low-maintenance investment with built-in stability. With 10 tenants already in place and space available to add 8-10 additional pads, the potential for growth is strong. Generating approximately $60,000 in annual gross income with minimal expenses, the park is anchored by long-term residents and very low turnover—providing a steady, reliable cash flow. Whether you're expanding your portfolio or stepping into real estate investment, this property offers a compelling balance of consistency and upside.
Location
State MS
County Hinds
Direction From I-20 and HWY 18: Travel NW on HWY 18 for approximately 1.2 miles, cross over HWY 80 and continue 0.1 miles. Turn Left onto Dixon Dr for 1 mile. At four-way stop, turn right onto South Drive (Officer Thomas Catching, Sr. Drive). 4661 will be on the Right in 0.2 miles.
Building
New Construction No
Others
Tax ID 0646-0010-000
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Listed by Tom Smith Land & Homes