Contact Information

Mobile Home Park Details

  • Price: $274,900
  • Purchase Method: Cash, New Loan
  • Property ID: 1506853
  • Posted On: Aug 31, 2021
  • Updated On: Sep 2, 2021

Property Description

Calling investors! Small, income producing, Mobile Home Park located in Chunchula. Includes 5 mobile homes, all currently leased. 1 lot is rented (tenant owns mobile home). 2 additional mobile home lots are empty & ready for a mobile home. There is opportunity to grow this mobile home community by clearing the wooded part of the land & adding additional mobile home spaces. Current tenants have good track record. Rental history can be provided upon request. Do not disturb tenants. Showings will require listing agent and/or owner to be present. Lot 1 - 1997, 16x76, 3 bedroom, 2 bath ~ Lot 2 - 1997 14x70, 3 bedroom, 2 bath ~ Lot 3 - Lot rent only ~ Lot 4 - 1994, 14x70, 2 bedroom, 1.5 bath ~ Lot 5 - Empty ~ Lot 6 - 1979, 14x70, 3 bedroom, 2 bath ~ Lot 7 - Empty ~ Lot 8 - 1992, 14x70, 3 bedroom, 2 bath

Location

Located in Chunchula, this is a very rural area. It is 30 mins away from Mobile, a metropolitan city that sits on the Gulf of Mexico.

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Park Information

Community Type: All Age
Number of MH Lots: 8
Total Occupancy: 100.0 %
Average MH Lot Rent: $550
Size: 6 acre(s)

Financial Information (Pro Forma)

Gross Income $16,600
Debt Info

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 5

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