Mobile Home Park Details

Cap Rate: 9.8%
Listing ID: 1700146
Posted On: Jun 29, 2022
Updated On: Mar 27, 2024

Description

Beck Partners is pleased to present for sale Oak Creek Estates. This Mobile Home Park is located in Creola, Alabama part of the Mobile MSA. Sitting less than a mile from the Interstate 65 Exit 22, this property has quick and easy access to many of the major employers in the Mobile, AL area. This property features 10 mobile home lots on +/- 3 acres. There are 8 occupied lots homes and 2 vacant lots that are ready to accept homes. All homes are tenant owned leaving very little maintenance and expenses for a new owner. The park is serviced by public water and septic tanks. Current ownership has done extensive work on the drain fields and cleaning up the property over the last few years.

Location

Creola, Alabama, known as the Gateway to the Mobile River Delta. Despite the recent growth in population, Creola has been able to maintain the ambience of a small town where people are friendly and caring. Creola is just 19 miles north of Mobile, AL and 50 Miles west of Pensacola, FL. Newcomers to the Creola area will find all the tranquility and friendliness associated with a small town within a reasonable commute of the fine museums, performing arts, educational advantages, and major employers of the Mobile metropolitan area. The close proximity of Saraland expands the availability of urban amenities and services close to home. Church and school events enhance the sense of community in the family-oriented community of Creola. Creola is known for its low crime and low unemployment rate.

https://www.sunraydirect.com/Alabama3/?page_id=532

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