1100 Duren Rd & 6012 County Rd 24 - Manufactured Housing/Mobile Housing FOR SALE
Clanton, AL 35045 |
1100 Duren Rd & 6012 County Rd 24
Clanton, AL 35045
HIGHLIGHTS
- Two mobile home parks with a total of 91 sites located in Clanton and Verbena, AL, within the Birmingham-Montgomery MSA.
- Significant Value-Add Potential with opportunities to fill vacant sites and park-owned homes.
- Current NOI is ±$243,000 at ±46% occupancy.
- Average lot rent is lower than that of competing parks in the area, which have an average occupancy rate of 95%.
- The community is connected to public water and sewer systems, with meters installed to track residents’ usage.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Clanton Reserve & Enterprise Reserve
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
58240
STORIES
1
YEAR BUILT
2008
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
1701013002011000
