Contact Information

Mobile Home Park Details

  • Price: $940,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0%
  • Property ID: 1260936
  • Posted On: May 26, 2020
  • Updated On: Feb 25, 2021

Property Description

28-Space MHC for sale in the Auburn-Opelika MSA. The property features asphalt roadways and all public utilities. The property was recently upgraded with new PVC water and sewer lines. Pricing includes 12 park owned homes, plus one site built house.

Alabama Broker of Record - Andrew Braun 000125812-0

Location

Located in the prosperous Auburn-Opelika MSA (158K + population). Opportunity Zone location. The property is very well located within Opelika, near a very large cluster of retail and restaurant services.

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Park Information

Community Type: All Age
Number of MH Lots: 28
Total Occupancy: 89.3 %
Average MH Lot Rent: $320
Size: 5 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 12

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