Spanish Fort MH park

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30724537
Property Subtypes: Mobile Home Park
Status: Pending
Number of Units: 6 Units
Building Size (RSF): 1,200 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 3.20 Acres
Sale Price: $275,000
Unit Price: $45,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 12.0%
Average Occupancy Rate: 100
Last Updated: 7/4/2021

Overview / Comments

Mom owned for 30 years. VIP Spanish Fort Al. (Baldwin County) 5 MH's and a 1200sq ft home, new metal roof. 1 single family Home and 5 Mobile homes are on two parcels. All Mobile homes are park owned. Septic, city water.
PPIN 021893 is 2.2 acres, PPIN 103863 1 acre. Amazing property. All rents can go up, with additional property to add more rental income..
$4100.00 GROSS RENTS
PARK COSTS $120 PER MONTH ,,NO INSURANCE.
Contact agent today to get details. All info is deemed accurate but not guaranteed.
Buyer or buyer agent agent to verify all information.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-32-05-22-0-000-005.001
Percent Occupied: 100%
Property Condition: Average
Water Service: Municipal
Sewer Type: Septic
Legal Description: PPIN # 021893 2.2 acres, PPIN# 103863 1 acre, PPIN# 107482 3.1 acres 6.1 acres total

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,295 15,000 25,048
Median Age: 41.02 38.71 39.49
Households: 486 5,975 9,961

Contact

Photograph of Listing Agent

Renee Cheval Beasley

HERRINGTON REALTY INC Gulf Coast CMLS Member
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