RIVER RIDGE MOBILE HOME PARK

3816 N 43RD

FORT SMITH, AR 72901

479-461-6819



62 SPACES

55 PARK OWNED HOMES

4.4 ACRES per court house- 515X284 LOT DIM.

$575,000


The Park has 62 spaces- 54 park owned mobile homes-
36 are rentable the others need work. Average rent
per unit is $400/month or $150 /month/space. Do the
math this is a great opportunity. Each unit has its
own electric meter- the park has 2 meters for gas
and 2 meters for water- the cost is divided between
the number of units rented and collected monthly.

Average gas bill +/-$1,086

Water& sanitation +/-$1,691

Electric +/- $150

I have a manager and repair person I’m paying
combined $1,400 month. The park is older and need of
repair, you could spend as much or as little on
repairs, but it has lots of upside potential.


*Fort Smith, AR doesnÂ’t allow mobile homes in the
city limits, but River Ridge is grandfathered in.


Seller is a licensed real estate agent acting on her
own behalf.

Monica Baber