Contact Information

Kris Wessel
NAI Martens
Photo

Mobile Home Park Details

  • Price: $2,500,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 5722653
  • Posted On: May 14, 2024
  • Updated On: May 14, 2024

Description

Contact: Kris Wessel at NAI Martens. Many recent improvements at this property with abundant remaining upside. Current ownership converted the property to public water supply and re-plumbed the majority of the park with new pex water lines. 10 new homes were also added. Included in the 90 sites are 14 nearly completed RV sites, that have water, sewer and electrical connections. The RV sites need the gravel roads and drives added for completion. There are nine new septic tanks out of a total of 18.

Onsite, the office building is also home to a leased convenience store and a laundry.

At 53.3% current occupancy, there is large upside remaining in filling additional sites at this property, both MH and RV.

Location

Daleville is a busy and prosperous city, sandwiched between Enterprise, Dothan and Fort Novosel. This area has strong drivers for affordable housing, and it has seen several successful infill projects completed on mobile home communities, throughout the past five years.

Amenities

  • Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 90
Total Occupancy: 53.3 %
Average MH Lot Rent: $395
Size: 17 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - RUBs

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