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109 Lilly Pad Rd
Leakesville, MS 39451

$130,000 USD

Land For Sale  •  0.48 AC

Property Details

  • Property Type Land
  • Lot Size 0.48 AC
10 Walk Score

Description

109 Lilly Pad Rd presents an opportunity to acquire a small income-producing mobile home park in Leakesville, Mississippi. The property consists of three mobile homes situated on separate addresses, each with its own water, electric, and septic service. According to the listing information, two units are currently occupied and generating rental income, while the third unit is expected to be leased, providing additional revenue potential. The property also includes a storage building and an additional site currently occupied by an RV that is not considered part of the income-producing improvements.
Located in Greene County, the asset offers exposure to a stable local rental market serving residents seeking affordable housing options. Leakesville serves as the county seat and provides access to area employers, schools, and community services. The property's configuration with separate utility connections for each dwelling supports independent operation of the residences and may simplify future management. The additional pad site provides flexibility for a future owner to evaluate replacement or redevelopment options, subject to local requirements and approvals.
For investors seeking a smaller-scale residential income property, the combination of existing occupancy, individual utility infrastructure, and multiple residential units on a single parcel creates an opportunity to generate rental income while evaluating long-term asset strategies. The property's location within an established residential area and its existing improvements support continued use as a mobile home rental investment.

Highlights

Small mobile home park in Leakesville
3 rented units
Includes a storage building on-site.
Two units are occupied with additional leasing potential.
Single-parcel investment opportunity in Greene County.
Additional pad site offers future improvement flexibility.
April Cook 228-875-4499 Welcome Home Real Estate, Inc.
April Cook 228-875-4499 Welcome Home Real Estate, Inc.