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MagnoliaView Park 171 County Road 2296 12 Unit Mobile Home Park $2,290,705 CAD ($190,892 CAD/Unit) 8.70% Cap Rate Saltillo, MS 38866

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INVESTMENT HIGHLIGHTS

  • All Brand New Units Under Construction
  • Strong, Stable Cash Flow
  • Two Bedrooms & Two Bathrooms in high demand area

EXECUTIVE SUMMARY

MagnoliaView Park, a brand new multi-family park in Saltillo, MS with 12 units and expansion room on 6 acres.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $241,215 $24.51
Other Income - -
Vacancy Loss $24,121 $2.45
Effective Gross Income $217,093 $22.06
Taxes $4,188 $0.43
Operating Expenses $13,614 $1.38
Total Expenses $17,802 $1.81
Net Operating Income $199,291 $20.25

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $241,215
Annual Per SF $24.51
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $24,121
Annual Per SF $2.45
Effective Gross Income (CAD)
Annual $217,093
Annual Per SF $22.06
Taxes (CAD)
Annual $4,188
Annual Per SF $0.43
Operating Expenses (CAD)
Annual $13,614
Annual Per SF $1.38
Total Expenses (CAD)
Annual $17,802
Annual Per SF $1.81
Net Operating Income (CAD)
Annual $199,291
Annual Per SF $20.25

PROPERTY FACTS

Price $2,290,705 CAD
Price Per Unit $190,892 CAD
Sale Type Investment
Cap Rate 8.70%
Sale Condition Building in Shell Condition
No. Units 12
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 6.00 AC
Construction Status Under Construction
Building Size 9,840 SF
No. Stories 1
Year Built 2026
Zoning rural

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Washer/Dryer Hookup
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Range
  • Tub/Shower
  • Deck
  • Family Room
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Security System
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Trash Pickup - Curbside
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 12 $1,675 CAD 820
  • Listing ID: 38395700

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 171 County Road 2296, Saltillo, MS 38866

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