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MagnoliaView Park NEW 12 Unit MHP 171 County Road 2296 12 Unit Mobile Home Park $2,270,127 CAD ($189,177 CAD/Unit) 9.37% Cap Rate Saltillo, MS 38866
INVESTMENT HIGHLIGHTS
- All Brand New Units Under Warranty
- Strong, Stable Cash Flow
- Two BR & Two BA in high demand rental area
EXECUTIVE SUMMARY
MagnoliaView Park, a brand new multi-family park in Saltillo, MS, located just north of Tupelo, MS, birth place of Elvis. Investment opportunity to purchase a new mobile home park with 5+ years of home warranties and all new infrastructure. The owner is willing to offer financing until the property can show the substantial cash flow. MagnoliaView Park is 12 units on 6 acres, additional value-adds, such as more mobile homes, RV Park Pads, Storage Units, etc. This park is brand new with a completion date of March 2026. The units will be 20' apart on concrete pads with an asphalt road to each unit. The photo renderings are for visualization purposes only and are not AI generated.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,270,127 CAD | Building Class | C |
| Price Per Unit | $189,177 CAD | Lot Size | 6.00 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 9.37% | 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 - no zoning in rural area outside of Tupelo city limits | ||
| Price | $2,270,127 CAD |
| Price Per Unit | $189,177 CAD |
| Sale Type | Investment |
| Cap Rate | 9.37% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| 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 - no zoning in rural area outside of Tupelo city limits |
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
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 12 | $1,660 CAD | 820 |
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MagnoliaView Park NEW 12 Unit MHP | 171 County Road 2296
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