Contact Information

Mobile Home Park Details

  • Price: $1,350,000
  • Cap Rate: 10.1%
  • Property ID: 1184496
  • Posted On: Jan 29, 2020
  • Updated On: May 23, 2020

Property Description

FORT MITCHELL, AL – Branching Pines Mobile Home & RV Community is conveniently located just one block from the back entrance to Fort Benning Military Base, which supports more than 120,000 military personnel, and is known as the “Best Army Installation in the World”. While other military bases have closed due to the BRAC program, Fort Benning continues to grow with the relocation of thousands of military personnel. Branching Pines offers quality mobile home and RV sites, a preferred affordable option for military personnel and sub-contractors.

This quiet, well-maintained park also supports the housing needs of the "Tri-Community", comprised of Columbus, Fort Benning, Georgia, and Phenix City, Alabama. The Florida gulf shores and picturesque Blue Ridge Mountains are only a few hours' drive.

The park consists of 82 pads, which can accommodate mobile homes, RV’s, or additional outside storage. Presently, there is a 66% occupancy rate with 18 park-owned homes (POH’s) and 36 lot renters. There are 26 vacant lots and 2 vacant POH’s. This park has many features including city water (which is billed back to the mobile home tenants), septic system (2:1 ratio) that is in excellent working condition, asphalt roads, security lighting, and the park is not in a flood zone. Furthermore, a portion of the property may be considered for a Conservation Easement which could result in significant tax benefits for ownership.

Amenities

  • Storage
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Park Information

Community Type: All Age
Total Occupancy: 62.0 %
Size: 25 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 19

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