720 Ephesus Road

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Active
$2,400,000
Est: $12,974/moGet pre-approved
24,000 sqft

720 Ephesus Rd, Forest, MS 39074

Multi FamilyProperty Type
20.1 acresLot Size
$100/sq ftPrice per sq ft

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!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!
49 days on Market
  • Listed by: Carmen Ragland Nason 601.212.2777 cjr01014@yahoo.com • Summer House Realty
Last updated: 08/19/2026 07:05 PM • Source: GCAOR MLS, MLS#: 4159761
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Location

Listing Courtesy of Summer House Realty
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$12,974 per month

30 year fixed, 7.03% Interest

Principal and Interest

$12,813

Property Taxes

$162

HOA Dues

$0

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Property Information for 720 Ephesus Road

Property Details

  • Taxes: $1,939 / year
  • MLS Type: Multi Family
  • County: Scott County
  • Furnished: No
  • Waterfront Features: None

Building Information

  • Residences: 24
  • Lot Size: 20.10 AC / 875,556 SF

Summary

Location and General Information
  • Subdivision Name: Metes And Bounds
  • Latitude: 32.40
  • Longitude: -89.45
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: 20.1 acres in the nw 1/4 NE 1/4 Section 2
  • Tax Year: 2025
  • Tax and Financial Information:Tax Annual Amount: $1,939.00
  • Tax and Financial Information:Tax Year: 2,025.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: 20.1 acres in the nw 1/4 NE 1/4 Section 2
Parking
  • Parking Features: Varies by Unit
  • Attached Garage: No
  • Parking Features:Varies by Unit: Yes

Property

Lot Information
  • Lot Size Acres: 20.1
  • Structure Type: Manufactured House
  • Living Area Source: Estimated
  • Building Area Total: 24000.0
  • Lot Size Area: 20.1
  • Lot Size Units: Acres
  • Lot Size Square Feet: 875556.0
  • Waterfront Features:None: Yes
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Res Income Multi-Fam
  • General Property Information:New Construction: No
  • General Property Information:# of Units Included in Sale: 24.00
  • General Property Information:Approx Lot Size Acres: 20.10
  • General Property Information:SqFt Source: Estimated
  • General Property Information:Total Floors: 1.00
  • General Property Information:Bathrooms Half: .00
  • General Property Information:Bathrooms Three Quarter: .00
  • General Property Information:Furnished: No
  • General Property Information:Accessibility Features: No
Utilities
  • Electric: True
  • Utilities: Electricity Available, Electricity Connected

Interior and Exterior Features

Exterior Features
  • Roof: Metal, Shingle
  • Construction Materials: Aluminum Siding, Masonite, Metal Siding
  • Foundation Details: Raised, Slab
  • Exterior Features: Lighting
Interior Features
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Electric
  • Levels: One
  • Sewer: Septic Tank
  • Water Source: Community
  • Bathrooms Total Integer: 44
  • Bathrooms Total Decimal: 44.00
  • Bathrooms Total Notational: 44.00

Multi Family

Multi Family Information
  • Number Of Units Total: 24

Property History for 720 Ephesus Road

DateEvent & SourcePriceAppreciation
Aug 19, 2026

Listed (Active)

GCAOR MLS #4159761

$2,400,000—
DateEvent & SourcePrice
08/19/2026

Listed (Active)

GCAOR MLS #4159761

$2,400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 720 Ephesus Road

This home is within Scott Co School Dist.
Rating
School
Type
Grades
Distance
Scott Central Attendance Center
Public - PK to 12
Forest-Scott County Career & Technology Center
Public - 10 to 12
Lake Middle School
Public - 5 to 8
Lake High School
Public - 9 to 12
Rating
School
Distance
Scott Central Attendance Center
PublicPK to 12

Forest-Scott County Career & Technology Center
Public10 to 12

Lake Middle School
Public5 to 8

Lake High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 720 Ephesus Road, Forest, MS 39074

720 Ephesus Road is a multi-family home for sale in Forest, MS 39074. This property was listed for sale on August 19, 2026 by Summer House Realty, it's currently listed at $2,400,000. This listing's school district is Scott Co School Dist. Nearby schools include Scott Central Attendance Center, Forest-Scott County Career & Technology Center and Lake Middle School. 720 Ephesus Road is a 0-bed, 44-bath, 24,000 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Summer House Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.