Mobile Home Park in Grand Bay with room for expansion on 10 acres. Current cap rate of around 8%. Property Includes 4 MHs, 1 RV Lot and a 2 bedroom, 1 bath house. One of the Mobile homes has been converted to a duplex with 1/1 studio apartment and a 2/1 with a kitchen making a total of 6 dwelling units and the rentable RV lot. The House, currently under refreshing, is bordered by large azaleas and has direct access to paved public road. Other dwellings use the private gravel drive from the main public road. There is also a maintenance shed on the property for lawn mower storage. Owner furnishes utilities and garbage service to all dwelling units. Tenants furnish their own internet or cable. Typically the park has full occupancy with a steady cash flow. Current dwellings and RV lot are on the front of the property (approx 3 Ac) leaving 7 acres for future expansion. 3- 200 amp poles plus service to house. Seller pays all utilities and maintenance. There is a 2" water main at the back of the developed 3 Ac area. Parking areas near each dwelling. Very rural setting but easy travel to local shopping. Rental data and more information on request.
DAYS ON MARKET
|
39
|
LAST UPDATED
|
1/10/2025
|
TRACT
|
Metes & Bounds
|
YEAR BUILT
|
0
|
COUNTY
|
Mobile - AL
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Elementary School |
Cora Castlen |
Jr. High School |
Grand Bay |
High School |
Alma Bryant |
AIR |
Window Unit(s) |
AIR CONDITIONING |
Yes |
CONSTRUCTION |
Aluminum Siding |
HEAT |
Other |
LOT |
10 acre(s) |
LOT DESCRIPTION |
Other |
PARKING |
Varies by Unit |
SEWER |
Septic Tank |
STORIES |
1 |
SUBDIVISION |
Metes & Bounds |
TAXES |
1346 |
UTILITIES |
Cable Available, Electricity Available, Water Available, Other |
VIEW |
Yes |
VIEW DESCRIPTION |
Rural |
WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Brett/Robinson
Sales to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Aleta Boudreaux with Azalea Real Estate Agency
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts