See all 88 photos
$575,000
Est. payment /mo
1,162 SqFt
Active
1194 CR 87 New Albany, MS 38652
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,162 sqft
Price per Sqft $494
MLS Listing ID 25-4275
HOA Y/N No
Annual Tax Amount $250
Lot Size 13 Sqft
Acres 13.0
Property Sub-Type Commercial Property
Source Northeast Mississippi Board of REALTORS®
Land Area 1162
Property Description
13.23 ACRE TRAILER PARK: Incredible income-producing opportunity with 7 mobile homes on site, 6 rented, with 1 unit in need of repairs, offering immediate upside potential. All units are 3 beds/2 bath homes and 6 have all been remodeled. Property includes 5 septic tanks and official approval to operate as a trailer park, significantly enhancing long-term value and expansion possibilities. In addition to the current units, the property features multiple vacant lots with the space and permits to install up to a total of 11 mobile homes, creating a rare chance to scale this investment with ease. Partly situated on a private road with cul-de-sac, this property provides privacy for tenants, reduced traffic, and an attractive layout for future development. Whether expanding your portfolio or stepping into multi-unit income properties, this turnkey setup offers stability, growth, and exceptional return potential. Agents see private remarks for financials. Information is deemed reliable, but not guaranteed.
Location
State MS
County Union
Area 13.0
Direction I-22W toward US-78 W/Memphis, take exit 64 toward MS-15 E/MS-30 E, left onto Hugh N Clayton Dr., right onto CR 101, right on CR 87. Look for Realtor signs.
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Listed byCrye-Leike Realtors
Nearby Locations
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