Lamplighter Village Mobile Home Park
1201 Arkansas 161 | Jacksonville, AR 72076-5773, US
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Lamplighter Village is a Value-add mixed-use community in the Little Rock MSA. Situated on approximately 6.5 acres with 74 total sites, the property features a variety of tenants from lot renters, park-owned homes, apartments, and RVs. Offered with favorable seller financing terms of 30% down payment, 6% interest rate, 30-year amortization, interest-only for a 5-year term with a balloon at the end. Lamplighter provides investors a clear path to value-add through rehab, lease-up, and infill. The park currently includes 3 tenant-owned homes with an average lot rent of $383, 31 Occupied POHs at an average total rent of $727/mo, 1 occupied apartment at $650, 2 occupied RV sites at $425, 8 vacant POHs, 4 vacant apartments, 12 vacant RV pads, and 13 vacant MH lots. The property is fully serviced by city water and sewer, submetered through Metron on a master meter with full bill-back and recapture, direct-billed electric, and one dumpster on site emptied twice weekly and included in rents. On-site management is already in place, giving a new operator the structure to begin execution immediately. The value-add strategy is straightforward — rehab and lease-up of vacant POHs and apartments, combined with the infill of remaining MH and RV sites to grow occupancy and cash flow. With a diversified unit mix and strong demand drivers in the Little Rock metro, Lamplighter Village is positioned to deliver strong returns to a new investor upon executing the value-add strategy.
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Located just northeast of Little Rock, Jacksonville is a growing community within the Little Rock MSA known for its strong military presence, family-friendly atmosphere, and convenient access to the state capital. The city is home to Little Rock Air Force Base, which anchors the local economy and provides a stable employment base. Jacksonville offers a blend of suburban comfort and metro accessibility, making it an attractive location for both families and professionals who want affordable living with proximity to the amenities of Little Rock. Jacksonville’s economy is supported by major employers such as the U.S. Air Force, Northrop Grumman, and Jacksonville North Pulaski School District, with healthcare and retail also playing key roles. These industries provide consistent job opportunities, yet the area faces a shortage of affordable rental housing options to meet the needs of the local workforce. With steady demand for cost-effective housing, Jacksonville continues to draw residents seeking stability, access to jobs, and a strong sense of community. Investing in affordable housing in Jacksonville presents an opportunity to meet this ongoing need while benefiting from the growth of the Little Rock metro. By expanding access to quality rental housing, investors can support the workforce tied to the Air Force Base and other regional employers, while contributing to the city’s long-term development. With its prime location, stable economic drivers, and rising demand for affordability, Jacksonville is well-positioned for sustainable investment growth within one of Arkansas’s strongest metro areas.