Pecan Grove Mobile Home Park | Brookhaven, MS
Sands Investment Group is Pleased to Exclusively Offer For Sale The 51,836 SF Pecan Grove Mobile Home Park Asset Located at 765 Union Church Road in Brookhaven, MS. This Deal Includes a Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents, Providing For a Secured Investment.
- Massive Value-Add Potential By Occupying Vacant Park Owned Homes, Refining Management Processes and Increasing Rents
- Park Currently Operating at 27% Occupancy; Fill Vacant Units and Bring Park Up to Market Rent to Realize a 15.38%+ Cap Rate; Park Priced at Around $31,000 a Unit Within City Limits
- 11 Total Units: 10 POH / 1 TOH; Utilities: City Water and Sewer; Gravel Roads
- Brookhaven, MS Has Population of Around 23,000 Residents, With a Strong Need For This Level of Housing; Area Sees a Median Home Value of Around $106,000 in a 3-Mile Radius
In Cooperation With Sands Investment Group Mississippi, LLC – Lic. #22675 BoR: Andrew Ackerman – Lic. MS #22616
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