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Mobile Home Park Details

  • Price: $1,142,000
  • Property ID: 1378514
  • Posted On: Jan 13, 2021
  • Updated On: Jan 13, 2021

Property Description

Sunstone Real Estate Advisors is pleased to present for sale Mobile Manor and Pine Grove mobile home parks located in Bay Minette, AL. This two park portfolio consists of 50 mobile home sites as well as 14 onsite self/mini storage units. Included in this sale is 27 park owned homes in properly maintained condition. Properties are located advantageously between the bustling areas of Mobile and Gulf Shores, AL. Current owner is in the process of converting Pine Grove into a mixed use MH/RV property due to demand for long term RV sites in Baldwin County, AL. Current vacancy at Pine Grove allows next owner a substantial amount of upside through MH or RV infill. Seller will consider offers on the individual assets.

Park Sale Price $1,142,000
Homes Sale Price $366,000
Total Price $1,508,000

Location

50 mobile home sites
27 well maintained POH - fully leased
14 mini/self storage units - onsite
Assets located 1.3 miles from one another
Mobile Manor served by direct billed municipal water, sewer, and trash
Pine Grove MHP poised for partial RV conversion if desired

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