The requested property is removed. Here are active Mobile Home Parks for Sale in Huntsville, Alabama
Golden Acres Estates
210 Jamback Road, Anniston, AL36207
Sold
Price Reduced
Park 011.jpg
Mobile Home Park Details
Purchase Method:
Cash, New Loan
Listing ID:
277232
Posted On:
Sep 23, 2012
Updated On:
Sep 24, 2014
Description
61 space park with 12% ANNUAL RETURN (that is with only 71% current occupancy). There are 18 park owned homes with 15 currently rented. When the 3 unoccupied park owned rentals (30 to 60 days) are rented the RETURN IS 13.7%. There is still additional room for increased income when the empty lots are rented.
22 total acres of which about 1/2 are undeveloped (additional lots can be added). The rentals average $450/home. There are 26 spaces out of 43 currently renting at $160/mo. Lot rents have been increased only $10 for the past 3 years. There has been no increase on the park rentals in 3 years. Paved roads and parking pads, city water and electricity individually metered and paid by tenants, septic sewer and trash supplied by the park. Included in price is new Kubota tractor/backhoe. Manager on site. Contact owner (805) 241-3253 for more information.
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