Multiple Mobile Home Parks

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.