Catylist ID:
#30871559
| Catylist Listing ID: | 30871559 |
| Property Subtypes: | Mobile Home Park |
| Number of Units: | See Agent |
| Building Size (RSF): | 1 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $975,000 - 1,025,000 |
| Sale Terms: | Cash to Seller, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/22/2024 |
Overview / Comments
|
Welcome to Park Place Estates, a premier commercial mobile home park nestled in the heart of Semmes, AL just a quarter of a mile from Walmart. Boosting 40 spacious lots and spanning approximately 11 acres of prime real estate, this property presents an exceptional investment opportunity with lucrative commercial land development potential. -Key Features 40 spacious lots: Each lot offers utility hookups, providing tenants with convenience and comfort. -Proximity to Amenties Situated with close proximity to Downtown Semmes, Walmart, community parks, Park Place Estates offers tenants convenience and accessibility. -Strong Rental History Enjoy a stable rental income streamwith history of long term, reliable tenants, Park Place Estates has been operating for over 30 years. - Development Opportunities With 11 acres of land, including undeveloped space, this property presents endless possibilities for commercial development projects. - Investment Potential. Park Place Estates presents a rare opportunity for investors to acquire a profitable mobile home park with significant development potential. Whether you're looking to capitalize on the demand for affordable housing or explore commercial land development opportunities., this property offers the perfect blend of immediate cash flow and long term growth potential. Don't miss out on this unique chance to own a lucrative commercial investment property with unparalleled development opportunities. Contact us today to schedule your private viewing and explore the endless possibilities that Park Place has to offer. * One of listing agents is related to seller |
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Tax ID/APN: | 2309302000083XXX |
| Property Located Between: | Dairy Queen and Vacant Land |
| Highway Access: | Highway 98 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,672 | 25,676 | 59,915 |
| Median Age: | 39.97 | 37.48 | 36.13 |
| Households: | 991 | 9,311 | 22,335 |
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