PRODUCING MH Park

Multi-Family for Sale
Catylist Listing ID: 30183887
Property Subtypes: Mobile Home Park
Number of Units: 36 Units
Building Size (RSF): 24,840 SF
Gross Building Area: See Agent
Gross Land Area: 3.30 Acres
Sale Price: $525,000
Unit Price: $14,583.33 Per Unit
Property Use Type: Business
Building Name: Green Oaks Mobile Home Park
Sale Terms: Cash to Seller
Cap Rate: 13.0%
Average Occupancy Rate: 65
Last Updated: 4/22/2018

Overview / Comments

Park is in the middle of a Rehab.. owners cleaning up park. Vacancies high due to Park clean up and trash out.
CITY WATER, MAG METER SEWER!! Sewer and water available for the 8 vacant lots. No leases (month to month) no deposits. Owners are great to work with, hands on owners. They are ready to retire.. go out on BOAT.
Great location, Moffett road, close to everything.
Contact listing agent for information and Rent rolls.. Recent changes, and cleaning up the park.. Road improvements estimates have been ordered..

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile
Tax ID/APN: 00341473
Zoning: COUNTY/SIMMS
Property Located Between: hwy 98 moffett road
Highway Access: Hwy 98
Airports: mobile
Area Description: Commercial, resturants, retail shops
Total Number of Buildings: 27
Property Condition: Average
Number of Stories: 1
Construction/Siding: Other
Parking Description: two per site
Zoning Description: commercial
Part of Planned Development?: Yes
Lot Frontage: 380
Lot Depth: 720
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 3.3 acres parcel number 23 09 30 2 000.....

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,672 20,360 53,168
Median Age: 39.97 37.76 36.67
Households: 991 7,430 19,402

Contact

Photograph of Listing Agent

Renee Beasley

Fairhope Real Estate Inc Gulf Coast CMLS Member
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