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

920 Church Street
Newton, MS 39345
OWNER FINANCE+14% CAP+CITY WATER AND SEWER · Multifamily Property For Sale · 18,000 SF

Investment Highlights

  • Public City Services for Water and Sewer. Tenants pay all Utility bills including Electricity, Water and Sewer.
  • Existing utilities ( water, sewer and electricity ) are in place for all 36 lots. Room to add more lots, no moratorium in place.
  • Long Term Tenants who have been residents of the park for over 20+ years now and consider this home.
  • HUGE value add potential by cleaning up the property and adding more trailers. Current rents are well below market trends.
  • Used for Passive Income, Managed by the Owner from California.
  • Owner Finance Opportunity with Down Payment! Favorable Terms

Property Facts

No. Units 36
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class F
Lot Size 16.00 AC
Building Size 18,000 SF
No. Stories 1
Year Built/Renovated 1990/2010

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Oven
  • Yard
  • Garden
  • Handrails

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 14 - -
  • Listing ID: 31932013

  • Date on Market: 5/26/2024

  • Last Updated:

  • Address: 920 Church Street, Newton, MS 39345

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