For sale is approximately 1 acre in Bowman, Arkansas, between Jonesboro and Lake City. There are 2 parcels of land, one is .91 acres and the other is 0.1 acre. There are 2 manufactured homes and one house on the property that are used for rental income. Each trailer rents for $450/month and the tenant in the house does not pay rent because he is like a repair man who works for the owner. The manufactured homes bring in $900/month and the tenants pay on time every month. The tenant in the house does not currently pay rent because he is supposed to be maintaining the property but there is potential for additional rent off the house. There is also a metal shop building that can be used for a garage or workshop. The entire property is fenced in and the yard appears to be taken care of. Parcel 12-145251-00400 is .91 acresParcel 12-146302-00800 is 0.1 acresBoth parcels are included in the sale and they contain 2 manufactured homes (trailers) and an older home. There are tenants in all 3 homes but only the tenants in the trailers are currently paying rent. The house has potential for rental income as well. Metal shop building also on the property.Both trailers appear to be well maintained on the outside and the tenants keep their yards looking good and pay rent on time. The house needs work and the yard around it needs cleaning up and organized however it does have potential to rent for $450-500/month.
Sold for $40,000 on 11/17/22
$40,000
123 County Road 687, Lake City, AR 72437
0beds
2,500sqft
Single Family Residence, Manufactured Home
Built in ----
0.91 Acres Lot
$-- Zestimate®
$16/sqft
$1,017 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 18, 2022 at 11:39pm
Listed by:
Dimitri Harris 870-897-6703,
Jonesboro Realty Company
Bought with:
Dimitri Harris, 00084919
Jonesboro Realty Company
Source: Northeast Arkansas BOR,MLS#: 10100282
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Basement
- Area: 0
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Fencing: 3 Side,Back Yard,Chain Link
Lot
- Size: 0.91 Acres
- Features: Level, Shade Trees
Details
- Additional structures: Outbuilding, Workshop
- Parcel number: 1214525100400
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: 1 Story,Other
- Property subtype: Single Family Residence, Manufactured Home
Materials
- Metal Siding, Wood Siding, Other
- Roof: 3-Tab Shingles,Metal
Condition
- Year built: 0
Utilities & green energy
- Electric: Craighead Electric
- Gas: Natural Gas, Natural Gas Available
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Natural Gas Connected, Natural Gas Available
Community & neighborhood
Location
- Region: Lake City