Alabama has become a prime destination for mobile home park investments, offering both affordable housing demand and strong economic growth across its metro areas and small towns. With limited supply and rising rental costs, mobile home communities are positioned to deliver consistent cash flow and appreciation for investors.

If you’re exploring mobile home parks for sale in Alabama, here are some of the most notable listings currently available. These properties range from large-scale developments with expansion potential to value-add parks near major metro areas.

1. 80-Acre Development Opportunity – Trinity, AL

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Price: $1,749,000
Size: 80 acres
Utilities: City water, sewer, power, and internet available

Located at 8374 County Road 222 in Trinity, this property offers 80 acres of mostly flat land with paved frontage. The site already has utilities available and features a unique natural amenity—a cave with a small stream.

The land is strategically positioned next to Mallard Fox West Industrial Park and across the street from First Solar, making it an ideal location for future residential development. With its size and infrastructure, investors could develop a large-scale manufactured housing community to meet growing demand in the area.

2. 3. Sierra Meadows MHP – Troy, AL

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Price: $650,000 (Price Reduced)
Cap Rate: 6.8% (Actual)
Lots: 50 (11 tenant-owned, 39 vacant)
Gross Income: $62,482
Net Operating Income: $44,489
Size: 102 acres

Sierra Meadows MHP is a 50-unit community located in an opportunity zone in Troy, AL, giving investors tax advantages alongside value-add potential.

Currently, 39 lots remain vacant, offering significant upside for an investor willing to invest in infrastructure and home infill. Troy’s local economy is anchored by Troy University, Lockheed Martin, KW Plastics, and Wiley Sanders Truck Lines, ensuring a strong base of employment. With local apartment rents averaging more than $1,000, affordable manufactured housing presents a competitive alternative.

This community represents a classic value-add investment for those seeking long-term growth.

3. The Cove Mobile Home Park – Morris, AL

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Price: $2,500,000
Lots: 55 (74% occupancy)
Size: 17 acres
Location: 20 minutes from Birmingham, AL

The Cove Mobile Home Park is a value-add investment just 21 minutes from downtown Birmingham. The community features 55 lots, with most homes park-owned, and is currently 74% occupied.

Rents remain below market, giving investors a direct path to higher net operating income. Additionally, the property includes extra land that can accommodate 8–10 additional manufactured homes or 15+ RVs. With long-term ownership and well-maintained infrastructure, this park is ready for the next investor to take advantage of its location in the booming Birmingham metro area.

4. Mobile Home Park & Self-Storage – Chelsea, AL

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Price: $4,995,000
Cap Rate: 7.4% (Actual)
Lots: 32 mobile home sites (17 tenant-owned, 14 park-owned, 1 vacant)
Storage Units: 206 non-climate-controlled units
Gross Income: $495,491
Net Operating Income: $368,181
Size: 19 acres

Located in the fast-growing suburb of Chelsea, AL, this property combines manufactured housing with self-storage, diversifying income streams for investors.

The park includes 32 mobile home lots, with a strong occupancy rate of 97%. The self-storage facility offers 206 units and 63 parking spaces, secured by fencing, keypad entry, and surveillance cameras. Positioned along the Hwy 280 corridor, which sees over 33,000 cars per day, this property benefits from high visibility and traffic flow.

Chelsea is experiencing rapid growth, with 650 new homes expected by 2026. The strong household incomes and limited supply of manufactured housing communities make this a rare and valuable investment.

Why Invest in Alabama Mobile Home Parks?

Growing Housing Demand – Alabama’s population growth, paired with rising housing costs, makes affordable housing communities a necessity.
Strong Regional Economies – Major metros like Birmingham, Huntsville, and Dothan provide job security and drive rental demand.
Diverse Investment Options – From raw land opportunities (Trinity) to new developments (Royal Palm Estates) and value-add parks (Sierra Meadows, The Cove), investors can find properties suited to their strategy.
Attractive Yields – Cap rates ranging from 6.8% to 8.6% reflect strong returns compared to other asset classes.

Final Thoughts

Alabama offers some of the most promising mobile home park investments in the Southeast, with a mix of stabilized communities, new developments, and redevelopment opportunities. Whether you’re looking for a a value-add play near Birmingham, or a diversified investment with storage income in Chelsea, Alabama’s market provides compelling options.

To explore more listings, visit Mobile Home Parks for Sale in Alabama and connect with brokers specializing in manufactured housing communities.