2
See all 2 photos
$1,700,000
Est. payment /mo
4 Beds
2 Baths
1,150 SqFt
New
916 Old Spanish Trail Waveland, MS 39576
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $1,478
Subdivision Metes And Bounds
MLS Listing ID 4165683
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 2005
Annual Tax Amount $8,999
Lot Size 2.500 Acres
Acres 2.5
Source MLS United
Property Description
Text for Financial Spread Sheet. 27 lot Mobile Home Park. Never unoccupied lots. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25,000 to $30,000 each. Nearly $160,000 of lease owned contracts remain for maturity. Annual land taxes are $9,100. $372,369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7,200 and water and sewer $14,000 annually. No other expenses. Road is in bad shape. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. 10 additional acres can be purchased with the mobile home park for expansion
Location
State MS
County Hancock
Interior
Heating Central
Cooling Central Air
Furnishings No
Exterior
Exterior Feature None, Other
Parking Features Assigned
Utilities Available Cable Available, Electricity Connected
Waterfront Description None
Roof Type Metal
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type None,Other
New Construction No
Others
Tax ID 138q-0-34-083.000
Pets Allowed Size Limit
Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Robert Joely White, Broker