4661 South Drive, Jackson, MS 39209
sale
$200,000
|
Other
Courtesy Of Tom Smith Land and Homes, LLC
Investment opportunity: Take advantage of this rare opportunity to own 4.62+/- acres of income-producing land currently operating as a mobile home park. The property features three traditional structures alongside tenant-owned mobile homes, offering a low-maintenance investment with built-in stability. With 8 tenants already in place and space available to add 8-10 additional pads, the potential for growth is strong. Currently, generating approximately $48,000 in annual gross income with the primary home never being rented, the park is anchored by long-term residents and very low turnover-providing a steady, reliable cash flow. Whether you're expanding your portfolio or stepping into real estate investment, this property offers a compelling balance of consistency and upside.
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Property Features
- Age: Over 50 Years Old
- Legal Description: Beg 860 Ft E & 165 Ft S Nw Cor Se 1/4 Sec 36 E 278 Ft N 123.66 Ft Ely 156.9 Ft S 390 Ft W 433 Ft N 200 Ft To Pob In Nw 1/4 Se 1/4 Sec 36 T6 N R1 W Including Lots 1 Thru 7 Shadow Lawn Subn
- MLSID: 4117960
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