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6604-6615 Fitts Rd 5 Unit Mobile Home Park $279,900 ($55,980/Unit) 15.86% Cap Rate North Little Rock, AR 72118
Executive Summary
Great opportunity to own a small trailer park with amazing cash flow. Quiet country setting just outside city limits in North Little Rock and close to everything. It features a 2 bed, 1 bath house and 4 mobile homes. All units have been completely redone except for 6608 which has a long term tenant. Offered at a huge cap rate. Don't miss out!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$44,400
|
$10.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,400
|
$10.45
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $44,400 |
| Annual Per SF | $10.45 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $44,400 |
| Annual Per SF | $10.45 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $279,900 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $55,980 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.79 AC |
| Cap Rate | 15.86% | Building Size | 4,250 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1990 |
| Price | $279,900 |
| Price Per Unit | $55,980 |
| Sale Type | Investment |
| Cap Rate | 15.86% |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.79 AC |
| Building Size | 4,250 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1990 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | - | - |
| 2+2 | 2 | - | - |
| 2+1 | 1 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 33P-008-00-000-00 | Improvements Assessment | $7,585 |
| Land Assessment | $0 | Total Assessment | $7,585 |
Property Taxes
Parcel Number
33P-008-00-000-00
Land Assessment
$0
Improvements Assessment
$7,585
Total Assessment
$7,585
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Presented by
Jeffrey Johnston
6604-6615 Fitts Rd
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