This Multifamily Property is no longer advertised on LoopNet.com.

176 Main St
Lucedale, MS 39452
Pines MH / RV park Lucedale Mississippi · Multifamily Property For Sale · 31,500 SF

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 9.75 AC
Building Size 31,500 SF
No. Stories 1
Year Built 2000
Zoning County Unzoned

ABOUT 176 MAIN ST , LUCEDALE, MS 39452

om and Pop Mobile Home/RV park. Selling Approx. 9.75 +- ( New Survey) MH's are in BAD condition... Water leaks in the park need to be addressed. Park is generating revenue. 24 developed lots 12 MH's total (all full) of which 9 are park owned 30 RV sites About a 40% occupancy due to the 29 RV spaces that are available. Located in the county City/public water septic tanks. Park is currently bringing in $5770.00 per month 90% occupancy on everything park owned More than half the park yet to fill. TOTAL POTENTIAL AT CURRENT RENT RATES FOR RV LOTS PLUS Mh's NO VACANCIES would be $14,255 per month. That being said Lot rent for RV spaces are $325 per month. Lots of room to grow.. A lot of growth coming to Mobile Al. Current owner has done alot of work, vetting and evicting bad tenants. Homes are renting as soon as they are ready... NOt to mention the lot rent for 29 RV spaces still available. Listing broker/agent for the state of Mississippi is Tim Herrington #21687 CMLS # 12467122

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 23 - -

PROPERTY TAXES

  • Listing ID: 27632590

  • Date on Market: 1/30/2023

  • Last Updated:

  • Address: 176 Main St, Lucedale, MS 39452