Auburn Mobile Home parks - for Sale in Opelika, Alabama
Opelika, AL 36804
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Sale Price: $399,000
Mobile Home Park for Sale |
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| Number of MH Lots: | 34 |
| Cap Rate: | 18.0% |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 121094 |
| Posted on: | Feb 22, 2012 |
| Updated on: | Feb 22, 2012 |
| Price: | $399,000 |
Property Description
Opelika/Lanette,Al....these 2 parks each have 17 units and some room for 2-3 more pads in one of the parks. they are sep/metered for electric and gas and furnish water. Parks are on septic tanks management is in place and will stay and the same owner has had these 2 parks for over 25 years!! They are about 15 miles from each other. this is a 'fire sale' deal now!! DON['T CALL ME WANTING OWNER FINANCING AS IT AIN'T GONNA HAPPEN!! GO TO EMCATLANTA.COM FOR A LOOK AT THESE PICTURES!
Park Information
| Number of MH Lots: | 34 |
| Total Occupancy: | 95.0% |
Financial Information
| Net Operating Income | $70 |
| Debt Info |
Lot Information
| Singlewide Lots: | 34 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 34 |
| Average Rent for Park-owned Homes: | $400 |
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