8 Acre Income Producing on Moffett Rd

Multi-Family for Sale
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: 5/23/2024

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

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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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