90-Space Mobile Home Park - for Sale in Wetumpka, Alabama
Wetumpka, AL
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Sale Price: $1,113,000
Seller Information
Michael HodgesHodges Commercial Real Estate
Mobile Home Park for Sale |
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| Number of MH Lots: | 90 |
| Size: | 14 acre(s) |
| Cap Rate: | 6.7% |
| Status: | Active |
| Property ID: | 12453 |
| Posted on: | Jun 02, 2010 |
| Updated on: | Oct 19, 2010 |
| Price: | $1,113,000 |
Property Description
Long established mobile home community with on site management. Ninety lots with around seventy leased at this time. Individual power meters and each renter pays $36.00 for water and $ 20.00 for trash.
This park could increase income with a little owner supervision and maintenance. This park is located in a great spot and commercial development is popping up in close proximity making the land increase in value. The Poarch Creek Indians have a casino close by that has added a good bit of pop to the area. There are seventeen acres in all.
The park is located on 14 acres and is appraised by the county for $968,920.00 the additional 3 acres are appraised by the county for $225,000.00.
Park Information
| Number of MH Lots: | 90 |
| Total Occupancy: | 77.0% |
| Size: | 14.0 acre(s) |
Utility Information
| Water Paid By: | Park |
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Summer Chase Mobile Home Community For Sale in Wetumpka, AL $1,300,000 |
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