Mobile Home Park Details

  • Price:
  • Purchase Method: Cash, New Loan
  • Property ID: 1054407
  • Posted on Apr 17, 2019

Property Description

Coldwell Banker Commercial is proud to present this Portfolio Sale of Lakeview, Woodside, Lakeside, and Pine Ridge Trail Mobile Home Communities located in Phenix City, AL. These communities are in a heavily populated area. The acquisition would allow an investor to enter the market at an advantage with 92 units and experience the upside from value add opportunities the parks present. Additionally, the communities enjoy a consistent high occupancy, which will allow for more stable cash flow.

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Park Information

Community Type: All Age
Number of MH Lots: 92
Total Occupancy: 88.0 %
Average MH Lot Rent: $200
Size: 12.0 acre(s)

Lot Information

Singlewide Lots: 92

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 54
Average Rent for Park-owned Homes: $450

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