The requested property is removed. Here are active Mobile Home Parks for Sale in Opelika, Alabama

Ashley Place 2101 Geneva Highway, Enterprise, AL 36330

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Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.8%
  • Listing ID: 379772
  • Posted On: Jun 25, 2013
  • Updated On: Jun 30, 2014

Description

There are 49 manufactured home spaces on this site. There is also an 840 square foot frame rental home and storage building on the site. 8 manufactured homes are also included.

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Park Information

Community Type: All Age
Number of MH Lots: 49
Total Occupancy: 35.0 %
Average MH Lot Rent: $150
Size: 17 acre(s)

Financial Information

Gross Income: $145,200
Operating Expense: $89,259
Net Operating Income: $55,941
Expense Ratio: 61.5 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $500

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