Mobile Home Parks /AL /Lee County /Auburn /2828 Lee Road 188
Mobile Home Parks /AL /Lee County /Auburn /2828 Lee Road 188

2828 Lee Road 188 - Manufactured Housing/Mobile Housing FOR SALE


Auburn, AL 36832 | 
$1,550,000 USD
423-313-2178
2828 Lee Road 188, Auburn, AL for Sale
$1,550,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | 10.3% Cap Rate
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2828 Lee Road 188
Auburn, AL 36832

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HIGHLIGHTS

  • Well maintained
  • Individual Water meters
  • 14.5 Acres

OVERVIEW

36 Lot park sitting on approximately 14.5 Acres all individually metered for water monthly gross is currently 21k per mo. All homes are park owened. Rate increase is schedule and monthly gross will be approximately 23-24K per mo.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$3 USD /SF

# OF UNITS

36

PRICE/UNIT

$43,056

CAP RATE

10.3%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meadow View MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

2

LAND DETAILS

LAND ACRES

14 AC

LAND SF

609,840 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ashley BrumleyKeller Williams CommercialMore Info
423-313-2178

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Ashley BrumleyKeller Williams CommercialMore Info
423-313-2178

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