Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.0%
- Listing ID: 1260936
- Posted On: May 26, 2020
- Updated On: Aug 31, 2021
Description
28-Space MHC for sale in the Auburn-Opelika MSA. The property features asphalt roadways and all public utilities. The property was recently upgraded with new PVC water and sewer lines. Pricing includes 12 park owned homes, plus one site built house.
Alabama Broker of Record - Andrew Braun 000125812-0
Location
Located in the prosperous Auburn-Opelika MSA (158K + population). Opportunity Zone location. The property is very well located within Opelika, near a very large cluster of retail and restaurant services.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 28 |
| Total Occupancy: | 89.3 % |
| Average MH Lot Rent: | $320 |
| Size: | 5 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
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