Contact Information
Stan Maxwell
Mobile Home Park Details
- Price: $279,000
- Purchase Method: Cash
- Cap Rate: 8.0% (Actual)
- Listing ID: 6838746
- Posted On: Mar 7, 2025
- Updated On: Mar 7, 2025
Description
6 Acres
City Water/ City Sewer
Developmental Park, plenty of room for infill.
New Pipes in park - 2024
Tenant Owned - 9
Rentals - 1
Vacant - 16
*Room for additional 9 RV Lots*
Location
Linden, Alabama, is a hidden gem that offers a perfect blend of historical charm, community spirit, and modern conveniences. Whether you're looking for a peaceful place to retire, a family-friendly environment, or a unique destination to visit, Linden has something to offer. Come and experience the warmth and hospitality of this delightful small town in Marengo County!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 31.0 % |
| Year Built: | 1979 |
| Average MH Lot Rent: | $250 |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $40,900 |
| Operating Expense: | $19,318 |
| Net Operating Income: | $21,582 |
| Expense Ratio: | 47.2 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
