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Under contract
  • $5,500,000

    100 Whisper Ridge Dr, Madison, MS 39110

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Whisper Ridge Mobile Home Park, Madison County, MS, offers a fully operational, well-maintained, 84-site park structured for long-term income and growth. The park includes 51 company-owned homes, all built within the past four years, primarily three and four-bedroom models with two full baths, and 47 of those homes feature Galvalume metal roofs. The overall consistency in home quality and appearance supports strong tenant appeal. The park includes 10 fully improved home sites with driveways and sidewalks ready for immediate occupancy, plus an additional 23 lots with installed sewer, water, and electricity. All 23 of these vacant sites also have a road base in place, prepped for asphalt completion. This infrastructure positions Whisper Ridge for rapid expansion as demand continues. From a management perspective, the park has maintained 100 percent occupancy for the past four years, backed by a waiting list that exceeds the number of available vacant sites. A dedicated full-time leasing manager has overseen tenant relations and covenant enforcement throughout that period and is willing to remain post-sale, ensuring continuity in operations. The covenants are actively enforced, maintaining the park's standards and protecting both residents and property value. Whisper Ridge is HUD-approved for affordable housing programs and currently houses three to four HUD tenants, offering an additional revenue stream and diversification of tenancy types. Strategically located, this park represents the last mobile home park zoned in Madison County. The county has an estimated housing shortfall of approximately 4,600 homes. Major employers and industrial ventures-such as Amazon, Nissan, and Clark Beverage Corporation-have recently invested in large industrial parks nearby, catalyzing job growth and demand for affordable housing options. Key physical attributes include well-maintained common areas by Whisper Ridge developers, tenant responsibility for utilities, and recent infrastructure improvements. The presence of 33 vacant, improved lots with full utility access offers an opportunity for easy build-out. Whisper Ridge provides a steady, high-occupancy revenue stream with growth potential from the remaining lots and a strong location that is tied to regional job and population growth. With management in place and room for expansion, the property provides a solid platform for continued success and growth.
    131 days
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    174
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    Zillow last checked: 8 hours ago

    Listing updated: December 19, 2025 at 09:40am

    Listed by:

    Jeff Foote 601-994-3178,

    Whitetail Properties Real Estate, LLC 217-285-9000

    Source: My State MLS,MLS#: 11558357

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Lot
    • Size: 27 Acres
    Details
    • Parcel number: 93D17C1760000
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 0

    Utilities & green energy

    • Electric: Amps(0)
    • Sewer: Municipal
    • Water: Municipal

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Madison

    Financial & listing details

    • Tax assessed value: $259,000
    • Annual tax amount: $23,617
    • Date on market: 8/18/2025
    • Date available: 07/10/2025
    • Listing agreement: Exclusive
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,480/mo

    Price history

    Price history
    DateEventPrice
    12/19/2025Contingent$5,500,000
    Source: My State MLS #11558357 Report a problem
    8/18/2025Listed for sale$5,500,000
    Source: My State MLS #11558357 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,718 -9.9%$25,900
    2023$3,018 $25,900
    2022$3,018 +4.3%$25,900 +4.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $26,506/mo
    Principal & interest
    $21327
    Property taxes
    $3254
    Home insurance
    $1925

      Climate risks

      Neighborhood: 39110

      Nearby schools

      GreatSchools rating
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