** HIGH-YIELD MOBILE HOME PARK** Immediate, steady cash flow. Fully occupied, stabilized Mobile Home Park with approx 13% CAP in GRAND BAY, AL (Mobile/Pascagoula Corridor): Situated on 10 total acres, with 4 MHs, 1 Duplex unit, 1 RV Lot, and a newly renovated 3BR House on-site. Owner currently furnishes site utilities and maintenance for the dwelling units, while tenants manage their own internet. 7 undeveloped and unrestriceted acres remain for significant expansion/value-add. Low owner utility responsibility presents immediate NOI upside. T12/Rent Roll available to qualified buyers.
Property Features
Utilities
Cable Available
Electricity Available
Water Available
Other
Cooling Information
Ductless
Electric
Window Unit(s)
Heating Information
Other
Water Features
Public
Parking
Varies by Unit
School Information
School Information for 11630 Henderson Camp Road, Grand Bay, AL 36541
Elementary School
Cora Castlen
Middle School
Grand Bay
High School
Alma Bryant
Listing Courtesy: Azalea Real Estate Agency - 251-865-4266