For Sale
$800,000

1000 Madison St Clarendon, AR 72029

Arkansas Multifamily Land, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 37-pad manufactured home park situated in Clarendon, Arkansas, at 1000 Madison, zip code 72029. Located in Monroe County, this property offers a unique blend of existing rental income and significant potential for expansion. The current setup caters to the area's strong demand for rental spaces, particularly among outdoor enthusiasts drawn to the region's renowned hunting opportunities. The property's design allows renters to lease pads for RVs or mobile homes, providing a convenient and attractive option for hunters seeking temporary or seasonal accommodation. The asking price for this multifamily land investment is $800,000. This presents a compelling opportunity for investors seeking steady income streams with the potential for substantial growth. The property's location in a charming small town further enhances its appeal, offering a balance between established rental income and the potential to attract additional tenants. The existing infrastructure provides a solid foundation for immediate returns, while the potential for expansion offers long-term growth prospects. This is a rare chance to acquire a well-positioned multifamily property in a desirable location with a proven track record. The property is classified as both multifamily and commercial, offering flexibility and diverse investment possibilities.

Highlights

  • 37-pad manufactured home park in Clarendon, AR (72029).
  • Strong rental income with expansion potential.
  • $800,000 asking price.
  • Caters to outdoor enthusiasts and hunters.
  • Multifamily and commercial classification.

Property Details for 1000 Madison St

Property type
Land, Apartment buildings

Location Insight

City
Clarendon
County
Monroe
State
Arkansas
Latitude
34.6927975
Longitude
-91.301946

FAQs

What type of property is this?
Land - Arkansas Multifamily Land, High Potential
Where is the land located?
The property is located at 1000 Madison St Clarendon, AR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 37-pad manufactured home park in Clarendon, AR (72029).; Strong rental income with expansion potential.; $800,000 asking price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1000 Madison St
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