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Lot/land
  • Price cut: $550K (5/26)
    $4,950,000

    Whisper Ridge Ave Lot Wp001, Canton, MS 39046

    --beds
    --baths
    --sqft
    Unimproved Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Strategically located
    Whisper Ridge Mobile Home Park, Madison County, MS, offers a fully operational, well-maintained, 84-site park structured for long-term income and growth. The park includes 51 company-owned homes, all built within the past four years, primarily three and four-bedroom models with two full baths, and 47 of those homes feature Galvalume metal roofs. The overall consistency in home quality and appearance supports strong tenant appeal.The park includes 10 fully improved home sites with driveways and sidewalks ready for immediate occupancy, plus an additional 23 lots with installed sewer, water, and electricity. All 23 of these vacant sites also have a road base in place, prepped for asphalt completion. This infrastructure positions Whisper Ridge for rapid expansion as demand continues.From a management perspective, the park has maintained 100 percent occupancy for the past four years, backed by a waiting list that exceeds the number of available vacant sites. A dedicated full-time leasing manager has overseen tenant relations and covenant enforcement throughout that period and is willing to remain post-sale, ensuring continuity in operations. The covenants are actively enforced, maintaining the park's standards and protecting both residents and property value.Whisper Ridge is HUD-approved for affordable housing programs and currently houses three to four HUD tenants, offering an additional revenue stream and diversification of tenancy types.Strategically located, this park represents the last mobile home park zoned in Madison County. The county has an estimated housing shortfall of approximately 4,600 homes. Major employers and industrial ventures—such as Amazon, Nissan, and Clark Beverage Corporation—have recently invested in large industrial parks nearby, catalyzing job growth and demand for affordable housing options.Key physical attributes include well-maintained common areas by Whisper Ridge developers, tenant responsibility for utilities, and recent infrastructure improvements. The presence of 33 vacant, improved lots with full utility access offers an opportunity for easy build-out. Whisper Ridge provides a steady, high-occupancy revenue stream with growth potential from the remaining lots and a strong location that is tied to regional job and population growth. With management in place and room for expansion, the property provides a solid platform for continued success and growth.
    163 days
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    39
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    Zillow last checked:

    Listed by:

    Jeff Foote,

    Whitetail Properties 217-285-9000

    Source: Whitetail Properties,MLS#: 98109

      Facts & features

      Interior

      Features
      • Has basement: No
      • Has fireplace: No

      Community & HOA

      Location
      • Region: Canton

      Financial & listing details

      • Date on market: 1/14/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Price change$4,950,000-10%
        Source: Whitetail Properties #98109 Report a problem
        4/22/2026Listed for sale$5,500,000
        Source: Whitetail Properties #98109 Report a problem
        1/14/2026Pending sale$5,500,000
        Source: Whitetail Properties #98109 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 39046

        Getting around

        0 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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