Office
Office
Street view (3rd)
Street view (3rd)
Office & Entrance
Office & Entrance
Lot1/Lot 3 view
Lot1/Lot 3 view
Area B (empty lots for RV and short trailers)
Area B (empty lots for RV and short trailers)
Two Dumpsters by WM & PS
Two Dumpsters by WM & PS
Office
Street view (3rd)
Office & Entrance
Lot1/Lot 3 view
Area B (empty lots for RV and short trailers)
Two Dumpsters by WM & PS

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Land: This is land for developing a mobile home park
  • Listing ID: 1432932
  • Posted On: May 5, 2021
  • Updated On: Oct 19, 2021

Description

Owners want to retire due to health issue.
The park contains 20 ACREs of land,
45 pads of
mobile home park, an office and a studio
only 6-7 Acres are in use..
with newer City Sewer Line and newer Water Line built in 2009 and
2011..
The park is at 5809 S.16th Street, Bessemer, AL (13 miles south of Birmingham)
There are totally 64 pads, an office and an studio,
The scope is: 20 Acres; Two Regions on the MHP, three additional areas not yet developed
Region A) (Main):
Lot 20-Lot 64 (45 pads)(About 90% occupied)
Region B)(Sub)
Lot 1-Lot 19 (Only 2 lots used, but 17 empty, with water/sewer built-in and
power-ups
There are currently totally 36 trailers, and 34 are owner occupied; Two trailers need to be fixed and are park owned. (These 19 lots would be ideal for RV or short trailers)

The studio is available for rent and an office..

The lot rent is : $330 per month (adjusted in 2021), which includes lot rent, garbage fee and free usage of 3000 gallons of water (tenants pay additional water fees at $15.00 per 500 additional gallons)
The park uses about 6.5 -7 acres of the land...

In additional,
the unused areas are :
Area A:
About 10 acres behind the MHP residential areas, now is used as a horse field and rented to lot 58
(This area can be developed for parking and self-storage)
Area B:
About 2-2.5 acres on the other side of the creek, which is used and maintained by an old neighbor for free
(This area can be subdivided for 4 or more single
family house)
Area C:
About 1 acre behind the studio not in use.
(This can be developed for additional playground or
vegetable garden..)

The MHP itself is for sale at $999,280.00 purely
based upon current incomes and P&L!

The price does not include three park-owned trailers

(lot 25 is for sale at $15,000.00 and lot 39 for $6500 and lot 55 for $3500)

The total list price is: $999,2800.00 USD
as of today (OCT., 2021) The price is based upon current rent roll
income/revenue and market situation and is
Subject to change before the offer is accepted !
Best Regards,
Cliff Yang
&
Jennifer Wong
p.s. Please send message prior to
any phone call(s)

Location

Near Lipscomb and Bessemer

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 62
Total Occupancy: 85.0 %
Year Built: 1975
Average MH Lot Rent: $330
Size: 20 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City