Suburban Mobile Home Park in Blytheville, Arkansas has 45 developed pad sites on approximately 5.46 acres. Of the 45 sites, 12 are occupied by tenant owned mobile homes and 13 of the sites are occupied by park owned mobile homes rented for $400 to $450 per month. Twenty of the pads are vacant. Each space is supplied with city water as well as natural gas and city sewer. Garbage service is provided by the city.
The property is located in a working class neighborhood and is convenient to the local downtown area as well as the highway. A tree lined paved road and gutter system currently serves the residential homes.
The project is located in Blytheville, Arkansas which is located near Memphis, Tennessee and is the seat for county offices. The property is located in Mississippi County, the #1 county in the US for both cotton and steel production according to the Chamber of Commerce.
There is a strong demand for rental units in Blytheville. The city and the county have created initiatives attracting new industry supporting a broad and stable economic base. In addition to the Arkansas North East College, widespread agribusiness and two plants owned by steel manufacturer Nucor, a new aircraft maintenance operation has recently opened at the long ago vacated Air Force base located near Blytheville. The company is investing $20 million and will employ 440 new employees. This is in addition to the existing 50 employees already employed at the facility.
This NewLeafe sponsored project is 10% owned by NewLeafe and managed by NewLeafe..
Suburban Mobile Home Park
Copyright © NewLeafe Property Fund Inc. All rights reserved.