Mobile Home Park Details

  • Purchase Method: New Loan
  • Listing ID: 4633485
  • Posted On: Mar 9, 2024
  • Updated On: May 8, 2024


Beautiful family community that has been recently revitalized. OFF MARKET.. 36 Lots- 11 VPOH (vacant only because they haven't been renovated yet). All homes have new decks and tin roofs. Most homes have been completely renovated. Includes 31 POH, 2 TOH, 3 VL, Included are 3 houses and 2 road frontage businesses. Over a 1000 ft of road frontage on a 4 lane hwy leading to Dothan Al. 1.5 hrs to Panama City beach. Click here for Dropbox Folder.
9 CAP pricing is $1.65M


Just 7 miles from Dothan Al on the main Hwy 84 between Ga and Dothan,

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Park Information

Number of MH Lots: 36
Total Occupancy: 63.0 %
Average MH Lot Rent: $395
Size: 8 acre(s)

Financial Information (Pro Forma)

Gross Income: $195,072
Operating Expense: $49,518
Net Operating Income: $148,554
Expense Ratio: 25.4 %

Lot Information

Singlewide Lots: 35
Doublewide Lots: 1

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 31
Average Rent for Park-owned Homes: $850


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