Contact Information

Mobile Home Park Details

  • Price: $725,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.0%
  • Listing ID: 6535798
  • Posted On: Jul 10, 2024
  • Updated On: Jul 10, 2024

Description

Investment opportunity waits. 9 mobile homes, 6 currently rented. Room to add more units or possible rv park. Well maintainedproperty and homes. Conveniently located to Huntsville, Guntersville, and Arab. Don't miss out on this one. All mobile homes have been remodeled and are have been very nicely redone.

Location

From Guntersville, take hwy 69 toward Arab. Turn rt on Union Grove Rd. travel 7.8 mi. Property on lt. Look for signs near road. Conveniently located to Guntersville lake and Huntsville, AL

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

Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 67.0 %
Average MH Lot Rent: $880
Size: 14 acre(s)

Financial Information (Actual)

Gross Income: $7,900

Lot Information

Singlewide Lots: 9
Park Model Lots: 9

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 9
Average Rent for Park-owned Homes: $880