Mobile Home Park Details

  • Cap Rate: 8.7%
  • Listing ID: 1931671
  • Posted On: Nov 11, 2022
  • Updated On: Feb 23, 2023

Description

Beck Partners is please to present for sale Heritage Village in Atmore, Alabama. This high quality mobile home park is situated within 50 miles of Pensacola, FL and Mobile, AL and just 2 miles to the Florida boarder. Heritage Village consist of 34 developed mobile home lots and 2 RV Lots. The park is licensed for 54 lots and already has water and electric in place for 8 of the 20 potential lots. Included with this park are 32 well maintained park owned homes, 9 of which are doublewides and an office/equipment shed. All homes are 1995 or newer and the majority of the roofs where replaced in the last two years. Heritage Village is serviced by public water and septic tanks along with underground electric that is paid directly by the tenants. This park features many long term tenants with below market rents that have not been increased for several years.

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Park Information

Community Type: All Age
Number of MH Lots: 34
Total Occupancy: 100.0 %
Year Built: 2001
Size: 15 acre(s)

Lot Information

Singlewide Lots: 24
Doublewide Lots: 9

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Video

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