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1194 CR 87, New Albany, MS 38652
$575,000
Property Type:
MultiFamily
Square Footage:
1,162
Lot Size (sq. ft.):
566,280
Status:
Active
Current Price:
$575,000
List Date:
12/11/2025
Last Modified:
2/02/2026
Overview
Description
13.23 ACRE TRAILER PARK: Incredible income-producing opportunity with 7 mobile homes on site, 6 rented, with 1 unit in need of repairs, offering immediate upside potential. All units are 3 beds/2 bath homes and 6 have all been remodeled. Property includes 5 septic tanks and official approval to operate as a trailer park, significantly enhancing long-term value and expansion possibilities. In addition to the current units, the property features multiple vacant lots with the space and permits to install up to a total of 11 mobile homes, creating a rare chance to scale this investment with ease. Partly situated on a private road with cul-de-sac, this property provides privacy for tenants, reduced traffic, and an attractive layout for future development. Whether expanding your portfolio or
Supplements:
Listing Details MLS# 25-4274
Location, Tax & Legal
- Area
- Union County
- House Number
- 1194
- Street Name
- CR 87
- State/Province
- MS
- Postal Code
- 38652
- County
- Union
- Subdivision
- None
- Zoning
- None
- PPIN
- 24994/23016
- Total Taxes
- 249.18
- Legal
- 2025000056 2020003255 2024003621
Contract Information
- Begin Date
- 2025-12-11
- Directions
- I-22W toward US-78 W/Memphis, take exit 64 toward MS-15 E/MS-30 E, left onto Hugh N Clayton Dr., right onto CR 101, right on CR 87. Look for Realtor signs.
General Property Description
- Book Section
- Multi-Family
- Total SqFt.
- 1162
- Realtor.COM Type
- Multi-Family
- Lot Acres
- 13.23
- Stories
- Yes
- School District
- Ingomar
Construction
- Construction
- Manufactured Housing
Utilities
- Water
- well
Miscellaneous
- Sign
- Yes
More Information
Property Features
Miscellaneous:
Sign
Listing Office:
Crye-Leike Realtors
Last Updated: February - 02 - 2026
Information deemed reliable but not guaranteed.