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405 N Rogers St
Jonesboro, AR 72401
Multiple Mobile Home Parks · Multifamily Property For Sale
Investment Highlights
- 5 mobile home parks with ±110,876 of combined land
- Close to highway 91 and Jonesboro Municipal Airport
- Ideally situated near Arkansas State University
- Lender foreclosure
Executive Summary
Avison Young is pleased to present the opportunity to acquire
multiple mobile home parks in Jonesboro, Arkansas. These mobile
home parks total 110,876 SF of land and encompass 5 different
parcels. These mobile home parks are around 2 miles from one
another and are all strategically placed surrounding Arkansas State
University. This is an ideal opportunity for an investor to acquire this
asset.
This asset was acquired by way of a foreclosure. As a result, the
lender/seller has very little information. Seller has engaged a local
property firm to determine current income with existing mobile
homes. Several of the mobile homes have been condemned by the
city and lender/seller is in the process of having them renovated.
Property is being sold in “as-is” condition with the lender/seller
not able to provide any due diligence. Buyer to conduct their own
investigation
multiple mobile home parks in Jonesboro, Arkansas. These mobile
home parks total 110,876 SF of land and encompass 5 different
parcels. These mobile home parks are around 2 miles from one
another and are all strategically placed surrounding Arkansas State
University. This is an ideal opportunity for an investor to acquire this
asset.
This asset was acquired by way of a foreclosure. As a result, the
lender/seller has very little information. Seller has engaged a local
property firm to determine current income with existing mobile
homes. Several of the mobile homes have been condemned by the
city and lender/seller is in the process of having them renovated.
Property is being sold in “as-is” condition with the lender/seller
not able to provide any due diligence. Buyer to conduct their own
investigation
Property Facts
| Price / SF | $90.91 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,800 SF |
| Status | Active | Total Land Area | 1.33 AC |
| Number of Properties | 5 |
| Price / SF | $90.91 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 8,800 SF |
| Total Land Area | 1.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 215 Pecan St, Jonesboro, AR 72401 | Multifamily | 4,800 SF | 1980 | - |
| 405 N Rogers St, Jonesboro, AR 72401 | Multifamily | 4,000 SF | 1980 | - |
| 1414 Nelms St, Jonesboro, AR 72401 | Multifamily | - | - | - |
| 1416 Nelms St, Jonesboro, AR 72401 | Multifamily | - | - | - |
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