377 N US Highway 231 - Manufactured Housing/Mobile Housing FOR SALE


Ozark, AL 36360
$899,000 USD
702-686-1952

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$899,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
null | Request Cap Rate

377 N US Highway 231
Ozark, AL 36360


OVERVIEW

The Southeast RV/Campground Team of MHP Brokerage is pleased to present Mr. D's RV Park, a 41-Site campground located in Ozark, Alabama. Conveniently located 15 minutes from Fort Novosel and positioned off US-231, a main beachgoer thoroughfare leading to Panama City Beach and 30A, all 40 pull-thru sites come with full hook-up 30/50-amp service, cable and Wi-Fi. A local staple, Mr. D's is frequented by US Army aviators, skilled tradesmen and long-term guests. The campground is conveniently located 2 miles from historic Ozark Town Square, 10 minutes from picturesque Ed Lisenby Lake and just under 30 minutes from booming Dothan, AL - the peanut capital of America. This healthy asset presents a turn-key opportunity for MH/RV investors in the region to expand AUM, presenting upside in the form of competitive rates, stable revenue, growth potential, proximity to military bases, creative rebranding efforts and strong affordable housing demand. 70% long-term occupancy (not including transient) Upside in converting all sites long-term Entry-area mobile home rented at $850/month Minimal maintenance requirements (3.6 acres) Wild Energy smart meters installed at each pad Convenient proximity to Fort Novosel military base

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$6 USD /SF

# OF UNITS

41

PRICE/UNIT

$21,927

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

-

APN/PARCEL ID

06-09-30-0-001-046.0010

ASK ABOUT THIS PROPERTY

Sammy DeebMHP BrokerageMore Info
702-686-1952

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Sammy DeebMHP BrokerageMore Info
702-686-1952

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.