Contact Information

Mobile Home Park Details

  • Price: $500,000
  • Cap Rate: 14.0%
  • Listing ID: 3994172
  • Posted On: Nov 14, 2023
  • Updated On: Nov 15, 2023


• 100 % occupied value add MHP in
Mobile, AL MSA
• Strong demand for rental housing in a
suburb of Mobile with a good school
• Room to grow rents and expand park
with additional acreage included in
• 11 park owned trailers of various unit
counts; all trailers on septic


Located in a strong suburb of Mobile, AL; great school system, quiet residential neighborhood, close to main roads.

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Park Information

Number of MH Lots: 11
Total Occupancy: 100.0 %
Year Built: 1980
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $87,000
Operating Expense: $18,168
Net Operating Income: $68,832
Expense Ratio: 20.9 %
Debt Info: Sellers would consider Seller Financing but offer would have to be VERY strong.

Utility Information

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

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