Description
12-Space Mobile Home Park Featuring a 10% Cap Rate w/Potential to Increase Income! Property includes 12 spaces: 9 mobile homes are owned by Seller, lot C is leased to the owner-occupant of the mobile home on lot C, & 2 vacant spaces allow for additional income potential. Listing price w/10% cap rate is based only on current income & not potential income which can be generated from the 2 vacant spaces! Each mobile home is separately metered w/tenants paying all utilities. 2 Parcels: 4.9 & .34 Ac.
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0BEDS
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5.24ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
12-Space Mobile Home Park Featuring a 10% Cap Rate w/Potential to Increase Income! Property includes 12 spaces: 9 mobile homes are owned by Seller, lot C is leased to the owner-occupant of the mobile home on lot C, & 2 vacant spaces allow for additional income potential. Listing price w/10% cap rate is based only on current income & not potential income which can be generated from the 2 vacant spaces! Each mobile home is separately metered w/tenants paying all utilities. 2 Parcels: 4.9 & .34 Ac.
© 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Amanda Howard Sotheby's International Realty and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-27T23:26:54.173.
Listing provided courtesy of Keller Williams Realty.
