Opelika MHP - for Sale in Opelika, Alabama
Us Hwy 29 North
Opelika, AL 36804
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Mobile Home Park for Sale |
|
| Number of MH Lots: | 40 |
| Size: | 18 acre(s) |
| Cap Rate: | 18.0% |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 106635 |
| Posted on: | Oct 10, 2011 |
| Updated on: | Dec 30, 2011 |
| Price: | $850,000 |
Property Description
Opelika,al..18 plus acres with septic tanks and county water(owner charges tenants for water) there are 40 lots which has monthly and weekly rental units. Park also has a nice 1800 sq. ft. brick house wioth an 'in-ground' swimming pool that would be nice for the new onwer or manager. The park has gravel roads in a country setting. the owner is netting over $125k/yr..now..Owner just lowered his price to $850k which is a frim price!!!!!! ALL CASH AND DON'T EVEN ASK FOR owner financing!!
Park Information
| Number of MH Lots: | 40 |
| Total Occupancy: | 90.0% |
| Size: | 18.0 acre(s) |
Financial Information (Actual)
| Gross Income | $151 |
| Net Operating Income | $125 |
| Debt Info |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
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