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916 Old Spanish Trail, Waveland, MS 39576 (MLS# 4165683)

916 Old Spanish Trail, Waveland, MS 39576

$1,490,000
Property Type: Res Income Multi-Fam Bedrooms: 4 Square Footage: 1,150 Lot Size (sq. ft.): 108,900 Status: Active
Current Price: $1,490,000 List Date: 10/15/2026 Last Modified: 10/22/2026

Overview

Description

27 lot Mobile Home Park. 100% Never unoccupied lots. Seller Finance Available. 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 $140,000of 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 needs work. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. When the road was new, mostly visitors would speed. Pot holes "good" keeps traffic slow..10 additional acres can be purchased for expansion

Listing Details MLS# 4165683

General Property Information

# of Units Included in Sale
27
Approx Lot Size Acres
2.5
Approx H/C SqFt
1150
SqFt Source
Builder
List Price/SqFt
1295.65
Year Built Known
Yes
Year Built
2005
Year Built Source
Other
Total Floors
Yes
Bedrooms Total
4
Bathrooms Full
2
Furnished
No
Accessibility Features
No

Property Features

Structure Type: Manufactured House Levels: One Owner Pays: All Utilities Pets Allowed: Size Limit Cooling: Central Air Heating: Central Utilities: Cable Available; Electricity Connected Sewer: Public Sewer Water Source: Public Foundation Details: Block Listing Terms: 1031 Exchange; Lease Purchase; Owner May Carry Roof: Metal Exterior Features: None; Other Fencing: Other Parking Features: Assigned Waterfront Features: None Flood Insurance: Floodplain Lease Term: 24 Months Disclosures: Agent Owned; As Is Approx Age Code: Under 25 Years

Address and Location Information

Street Number
916
Street Name
Old Spanish
Street Suffix
Trail
County
Hancock
State
MS
Zip Code
39576
Parcel Number
138q-0-34-083.000
PPIN
51142-00
Subdivision
Metes And Bounds
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Listing Service
Full Service
Estimated Completion Date
2026-10-15
Never Occupied
No

Tax and Financial Information

Tax Annual Amount
8999
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Zoning
Multiple Family Residential
Flood Insurance Required?
Yes
Leasehold Y/N
No
Sold In Previous 12 Months
No
Association
No
Covenants Y/N
No
Legal Description
PT E1/2 OF SW1/4 PT. LOT 6 SEC.34-8-14

Listing Terms

Assumption
Qualify

More Information

Showing Requirements

Showing
Show Any Time
Listing Office: Robert Joely White, Broker
Listing Agent: Robert J White
Source MLS Verified
Last Updated: October - 22 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
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