*Listing Broker: Jennifer Stein, JDS Real Estate Services Inc.*

Link to Offering Memorandum & Public Files:

https://drive.google.com/drive/folders/1MNXVp6ivM0h4Lds1f3nz7wYMLrlv0qfT?usp=sharing

This is a unique opportunity to purchase a 28 space Mobile Home Park in Remlap, AL. This property continues to throw off above average returns, Current Management repositioned, and teed up for an incoming buyer.
Currently this property has only 3 Park Owned Homes, and has an additional 18 homes that have been sold on contract, a majority of which have more than 8 years left on their respective notes!
There is upside in the current utilities structure, as water/trash/septic maintenance is included in lot rents, which can be billed back to the tenant accounting for an additional $8,750 in income.
Seller has generated great demand for selling homes on contract to incoming tenants, and has frequent inquiry from incoming tenants for Lot Rent Only spaces!
Property currently has 15 acres, 24 functioning spaces with 24 occupied, and income producing with the ability to build out an additional 14-16 additional spaces!
Blount County, Alabama is strategically located in the heart of the Southeast and convenient to both the Birmingham and Huntsville
metropolitan areas. Quickly becoming known for kayaking, canoeing, bouldering and rock climbing, our rivers and natural vistas offer some of the best outdoor adventure opportunities in the country.