Mobile Home Park Details
- Listing ID: 2228129
- Posted On: Mar 24, 2023
- Updated On: Nov 16, 2023
Description
Approved for 90 lots with room for possible expansion, Brantley MHC is located in the dynamic Troy, Alabama market. Featuring city water and sewer, city trash pick up and primarily TOH's, Brantley MHC offers the sophisticated investor a tremendous asset with current cash flow and value add opportunities.
With highway access off of 231 - Brantley has tremendous visibility and strategically located in a market which has recently seen an expansion of Lockheed Market, Troy University and the addition of Kimber Manufacturing.
Location
65 Acres +/- on Highway 231N.
Troy, Alabama is considered one of the fastest growing cities in Alabama, featuring a vibrant downtown district, Lockheed Martin, Troy University, Rex Lumber, Kimber Manufacturing and Conecuh Distillery.
Park Information
| Number of MH Lots: | 90 |
| Average MH Lot Rent: | $30 |
| Size: | 65 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $269,817 |
| Operating Expense: | $122,158 |
| Net Operating Income: | $147,659 |
| Expense Ratio: | 45.3 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
