Shadybrook MHP - for Sale in Bessemer, Alabama
S 16th St
Bessemer, AL 35020
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Seller Information
Cliff Yang
Mobile Home Park for Sale |
|
| Number of MH Lots: | 63 |
| Size: | 21 acre(s) |
| Cap Rate: | 10.0% |
| Purchase Method: | Cash, Seller Financing |
| Status: | Active |
| Property ID: | 19359 |
| Posted on: | Jan 27, 2011 |
| Updated on: | May 10, 2011 |
| Price: | $409,000 |
Property Description
1 trailer just moved in 2011, and more trailers to be moved in this summer!!
The MHP is for $409,000.00
New Water System Installed last year; New
Sewer System Installed in 2008; Great Potential!!
Please don't send a request if you don't qualify for
the followings requirements:
1) you are a buyer with $200,000.00 of liquidity (this is required)
2) you live local near Birmingham (this is preferred/recommended)
3) you have trailer or trailer park experience (this is recommended)
The mobile home park has
64 pads and 21 trailers with brand new water system and sewer system installed recently
with very high income potential,
Currently only 8 acres are in use, and 7 flat acres can be used and developed later with
great business possibilities.
Owner finance is possible, but
Please don't call if you don't have 50% of down payment and
please provide us your contact info. for evaluation..
No AGENT and Serious Qualified Principle(s) ONLY
Location Description
12 miles South of Birmingham
3 miles North of Bessemer
Park Information
| Number of MH Lots: | 63 |
| Total Occupancy: | 30.0% |
| Year Built: | 1970 |
| Average MH Lot Rent: | $200 |
| Size: | 21.0 acre(s) |
Financial Information (Actual)
| Gross Income | $7,000 |
| Operating Expense | $3,400 |
| Net Operating Income | $3,600 |
| Expense Ratio | 48.6% |
| Debt Info |
Lot Information
| Singlewide Lots: | 50 |
| Doublewide Lots: | 16 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $200 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 2 |
| Average Rent for Park-owned Homes: | $500 |
Amenities and Other
| Storage: | Yes |
Other Properties from Seller
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66-Space Mobile Home Park For Sale in Birmingham, AL $1,220,000 |
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