Twitter
Facebook
Email
|
Welcome to Watermain Estates, a thriving mobile home park in Semmes! Situated on approximately 5.5 acres with no zoning restrictions, this property includes 13 rental mobile homes and a 1-bedroom apartment. At the heart of the park sits a centrally located doublewide residence"”an ideal home for an owner or manager to live in while overseeing the community. The rental income from the 13 units more than covers mortgage and expenses, ensuring a profitable investment. With long-term tenants and full occupancy, the property boasts a strong 16% cap rate. Watermain Estates generates a gross annual income of over $129,000, with low operating expenses of just $28,000, making it a high-yield opportunity. All units are already occupied, providing immediate cash flow. This is an excellent chance to own a well-established rental community with steady income and room for growth. Sale to include John Deere Tractor, John Deere Zero turn lawnmower, Honda Power Washer, Dual axel flatbed trailer and misc. vacuums, carpet cleaners and tools, etc. estimated at $22,500. For rental data, financial details, or to schedule a private showing, contact us today!
| DAYS ON MARKET | 26 | LAST UPDATED | 3/15/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Mobile - AL |
| STATUS | Pending | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| CONSTRUCTION | Other |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 5.48 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 768x343x728x23x31x197x163 |
| PARKING | See Remarks |
| SEWER | Septic Tank |
| STORIES | 1 |
| TAXES | 1340 |
| UTILITIES | Electricity Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Rural, Trees/Woods |
| WATER | Public |
| ZONING | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
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 Melissa Dixon with Keller Williams Mobile
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.