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216 Harmony Acres Rd
Malvern, AR 72104
Harmony Acres Mobile Home Park · Multifamily Property For Sale · 1,235,797 SF

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 28.37 AC
Building Size 1,235,797 SF
Average Occupancy 100%
No. Stories 1
Year Built 1964

ABOUT 216 HARMONY ACRES RD , MALVERN, AR 72104

Owner is retiring and selling this beautiful and quiet mobile home park, located off of Highway 51 and only 20 minutes from Hot Springs National Park. Property offers a spacious layout for up to 20 mobile homes and could be expanded if new owners desired. Current owner has kept park small, with only about 12 mobile homes on site. All mobile homes are tenant owned. Lot rents average $200/month. Layout is spacious with plenty of room between neighbors. Site has city water and is on septic. Septic is located in each of the sites, except for one, including vacant pads. All tenants have separate meters for electric and pay their own utilities. There is a single meter on site for water and the owner bills each tenant back for their portion of the water, which is read off of a sub-meter. Taxes are $3001 for all three parcels. There is a lovely pond on site, which adds to the serene environment. The entry road is deep, which only adds to the privacy and peacefulness of this park. Included with the sale are 20 mobile home pads and two homes. One home, built in 1944, offers approximately 1868 square feet and is presently vacant. Property will need some updating but could easily be rented. The second home, built in 1964, offers approximately 1368 square feet and is occupied by the current owner. Both homes have carports. In summary, three total parcels are included with this sale, 20 mobile home pads with septic installed on all but one pad, and two single-family homes. Property located in beautiful Hot Springs county, in the Magnet Cove school district, in Malvern, AR, for the incredible price of $465,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-00540-000
Land Assessment
$9,285
Improvements Assessment
$7,575
Total Assessment
$16,860
  • Listing ID: 22461235

  • Date on Market: 3/12/2021

  • Last Updated:

  • Address: 216 Harmony Acres Rd, Malvern, AR 72104

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