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

720 Ephesus Rd Road, Forest, MS 39074

New Listing

$2,400,000

Virtual Tour

https://www.propertypanorama.com/720-Ephesus-Rd-Road-Forest-MS-39074/unbranded

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
New Construction: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0

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

Remarks & Miscellaneous

Public Remarks: 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!

Structure Type

Manufactured House: Yes

Levels

One: Yes

Sewer

Septic Tank: Yes

Water Source

Community: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Other: Yes

Waterfront Features

None: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes

Cooling

Ceiling Fan(s): Yes
Window Unit(s): Yes

Heating

Electric: Yes

Foundation Details

Raised: Yes
Slab: Yes

Exterior Construction/Siding

Aluminum Siding: Yes
Masonite: Yes
Metal Siding: Yes

Roof

Metal: Yes
Shingle: Yes

Exterior Features

Lighting: Yes

Parking Features

Varies by Unit: Yes

Documents

Aerial Survey ›

Listing Office: Summer House Realty

Listing Agent: Carmen Ragland Nason

Last Updated: August - 20 - 2026