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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



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 | Apartment Style | Garden |
| Price Per Unit | $190,892 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 6.00 AC |
| Cap Rate | 8.70% | Construction Status | Under Construction |
| Sale Condition | Building in Shell Condition | Building Size | 9,840 SF |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | rural | ||
| 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 |
1 of 12
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MagnoliaView Park | 171 County Road 2296
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