Small Mobile Home Park for Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30745372
Property Subtypes: Mobile Home Park
Status: Pending/Contingent
Number of Units: 5 Units
Building Size (RSF): 5,136 SF
Gross Building Area: See Agent
Gross Land Area: 6 Acres
Sale Price: $274,900
Unit Price: $54,980 Per Unit
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/22/2021

Overview / Comments

Calling investors! Small, income producing, Mobile Home Park located in Chunchula. Includes 5 mobile homes, all currently leased. 1 lot is rented (tenant owns mobile home). 2 additional mobile home lots are empty & ready for a mobile home. There is opportunity to grow this mobile home community by clearing the wooded part of the land & adding additional mobile home spaces. Current tenants have good track record. Rental history can be provided upon request.

Lot 1 - 1997, 16x76, 3 bedroom, 2 bath
Lot 2 - 1997 14x70, 3 bedroom, 2 bath
Lot 3 - Lot rent only
Lot 4 - 1994, 14x70, 2 bedroom, 1.5 bath
Lot 5 - Empty
Lot 6 - 1979, 14x70, 3 bedroom, 2 bath
Lot 7 - Empty
Lot 8 - 1992, 14x70, 3 bedroom, 2 bath

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R021405210000003.030.
Percent Occupied: 100%
Airports: Mobile Regional Airport
Site Description: 6 Acres, Rural Area
Area Description: Rural area but easily accessible to city of Mobile & highways.
Total Number of Buildings: 5
Property Condition: Good
Water Service: Municipal
Sewer Type: Septic
Legal Description: LOTS 26 & 27 OF SWEETWATER ACS UNTI 2 MBK 43 PG 35 LESS & EXC TH PT INTO R/W FOR BYRD CEMETARY RD #SEC 21 T1S R3W #MP14 05 21 0 000

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Demographic Statistics

Proximity: 5 miles
Total Population: 6,251
Median Age: 34.57
Households: 2,099

Contact

Photograph of Listing Agent

Rachel Romash

Elite Real Estate Solutions LLC Gulf Coast CMLS Member
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