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720 Ephesus Rd Road, Forest, MS 39074 (MLS# 4159761)

720 Ephesus Rd Road, Forest, MS 39074

$2,400,000
Property Type: Res Income Multi-Fam Bedrooms: 65 Square Footage: 24,000 Lot Size (sq. ft.): 875,556 Status: Active
Current Price: $2,400,000 List Date: 8/19/2026 Last Modified: 8/20/2026

Overview

Description

Exceptional investment opportunity in Scott County, Mississippi! This well-maintained 24-unit mobile home park offers an attractive 9% cap rate with additional growth potential sitting on 20.1 acres it boast a strong rental history with low tenant turnover, and consistant demand. This established income-producing provides immediate cash flow with long-term upside. Whether your expanding an existing portfolio or looking for a solid multifamily investment, this property deserves a closer look!

Listing Details MLS# 4159761

General Property Information

# of Units Included in Sale
24
Approx Lot Size Acres
20.1
Approx H/C SqFt
24000
SqFt Source
Estimated
List Price/SqFt
100
Year Built Known
No
Total Floors
Yes
Bedrooms Total
65
Bathrooms Full
44
Furnished
No
Accessibility Features
No

Property Features

Structure Type: Manufactured House Levels: One Cooling: Ceiling Fan(s); Window Unit(s) Heating: Electric Utilities: Electricity Available; Electricity Connected Sewer: Septic Tank Water Source: Community Foundation Details: Raised; Slab Listing Terms: 1031 Exchange; Cash; Conventional; Other Roof: Metal; Shingle Exterior Features: Lighting Parking Features: Varies by Unit Waterfront Features: None

Address and Location Information

Street Number
720
Street Name
Ephesus Rd
Street Suffix
Road
County
Scott
State
MS
Zip Code
39074
Parcel Number
10810200000001500
Subdivision
Metes And Bounds
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
1939
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
20.1 acres in the nw 1/4 NE 1/4 Section 2

Showing Requirements

Showing
Appointment Required

More Information

Listing Office: Summer House Realty
Listing Agent: Carmen Ragland Nason
Source MLS Verified
Last Updated: August - 20 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.