11630 Henderson Camp RD Active

Grand Bay,AL 36541

$ 359000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Metes & Bounds

MLS Listing ID 7505747

Annual Tax Amount $1,346

Tax Year 1346

Lot Size 10.000 Acres

Property Description

6 UNIT MOBILE HOME PARK in Grand Bay, Alabama with room for expansion on 10 acres. Current cap rate of around 12.3% plus additional land for expansion. The park has full occupancy with a steady cash flow. Property Includes 4 MHs (one MH is a duplex), 1 RV Lot, a 3 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. The House is newly renovated, and bordered by large azaleas. 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 and 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 most utilities and maintenance. Parking areas near each dwelling. Very rural setting but easy travel to local shopping. Rental data and more information and T12 on request.

Location

State AL

County Mobile - Al

Direction From US Hwy 90, go south on State Road 188, then South on Henderson Camp Road approximately 2 miles to property on right.

Interior

Heating Other

Cooling Ductless,Electric,Window Unit(s)

Flooring Other

Exterior

Fence None

Community Features None

Utilities Available Cable Available,Electricity Available,Water Available,Other

Waterfront Description None

View Y/N true

View Rural

Roof Type Composition,Metal,Other

Building

Lot Description Rectangular Lot,Wooded,Other

Sewer Septic Tank

Water Public

Level or Stories One

Schools

Elementary Schools Cora Castlen

Middle Schools Grand Bay

High Schools Alma Bryant

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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