$5,500,000

100 Whisper Ridge Dr Madison, MS 39110

Estimated payment $31,936/month

Total Views 160
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

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.

Listing Agent

Jeff Foote

Whitetail Properties Real Estate, LLC Listed on: 07/10/2025

Whitetail Properties Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,617

Lot Details

  • 27 Acre Lot

Community Details

  • Whisper Ridge Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,617

Lot Details

0

Listing Details

  • Directions To Property: Take I-55 to Canton, take Hwy 22 East (Peace St), turn left onto North Liberty St. Go about .5 miles and turn right on Yandell Ave, turn left onto Lincoln St, take a slight right onto Industrial Dr, turn right onto Dowdle Dr, and the destination will be straight ahead
  • HamletID: 0
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 27.00
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Canton
  • Prop. Type: Multi-Unit
  • PropertyZipCode: 39110
  • PropertyZoneType: 0
  • Renovation Year: 0
  • SForSaleAndRForRental: S
  • USStateAbbreviation: MS
  • WaterSourceType: Municipal
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • BasementAreaSquareFootage: 0
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 0

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0
  • Community Name: Whisper Ridge

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 23617

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,718 $25,900 $0 $0
2023 $2,718 $25,900 $0 $0
2022 $2,718 $25,900 $0 $0
2021 $2,594 $24,835 $0 $0
2020 $2,594 $24,835 $0 $0
2019 $2,594 $24,835 $0 $0
2018 $2,594 $24,835 $0 $0
2017 $0 $26,238 $0 $0
2016 $2,758 $26,238 $0 $0
2015 $2,758 $26,238 $0 $0
2014 $2,750 $26,172 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $5,500,000 -- --
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Prestige Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $20,000 Credit Line Revolving
Closed $167,500 New Conventional
Closed $172,500 Stand Alone Refi Refinance Of Original Loan
Closed $181,000 New Conventional
Closed $181,000 New Conventional
Closed $25,000 Credit Line Revolving
Closed $24,000 Credit Line Revolving
Closed $166,181 Purchase Money Mortgage
Source: Public Records

Source: My State MLS

MLS Number: 11558357

APN: 081H-34-112-00-00