PROFITABLE 6 UNIT MOBILE HOME PARK IN GRAND BAY, ALABAMA on 10 acres, with room for expansion. The park has full occupancy with a steady cash flow. Current cap rate of around 13% plus additional land for expansion. Property Includes 4 MHs (one MH is a duplex), 1 RV Lot, and a 3 bedroom, 1 bath house. The House is newly renovated, and bordered by large azaleas. There is also a maintenance shed on the property for lawn mower storage. Owner furnishes utilities and maintanance to all dwelling units. Tenants furnish their own internet. Current dwellings and RV lot are on the front of the property (approx 3 Ac) leaving 7 acres for future expansion. 4-200 amp poles plus service to house. Parking areas near each dwelling. The park is located between Pascagoula, Mississippi and Mobile. Rental data and more information and T12 on request.
Property Features
Utilities
Cable Available
Electricity Available
Water Available
Other
Cooling Information
Ductless
Electric
Window Unit(s)
Heating Information
Other
Water Features
Public
Parking
Varies by Unit
School Information
School Information for 11630 Henderson Camp Road, Grand Bay, AL 36541
Elementary School
Cora Castlen
Middle School
Grand Bay
High School
Alma Bryant
Listing Courtesy: Azalea Real Estate Agency - 251-865-4266