51 Lakewater Dr - Manufactured Housing/Mobile Housing FOR SALE


Tallassee, AL 36078
$650,000 USD
479-644-8268
51 Lakewater Dr, Tallassee, AL for Sale
$650,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/6
null | 13.09% Cap Rate

51 Lakewater Dr
Tallassee, AL 36078


HIGHLIGHTS

  • Great location

OVERVIEW

Mobile home/RV park just 25 minutes south of Lake Martin, 15 min north of Montgomery, and 30 min south of Auburn, that is running and ready for new ownership. The park currently has 7 mobile homes and 10 RV spots on the property, and has been maintained well. Rent on the mobile homes range from $750/month to $900/month, and RV spots between $550/month and $600/month.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$12 USD /SF

# OF UNITS

16

PRICE/UNIT

$40,625

CAP RATE

13.09%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tallassee Place Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

-

APN/PARCEL ID

21-03-07-0-000-008000-0

ASK ABOUT THIS PROPERTY

John JohnsonBrooklyn Industries LLCMore Info
479-644-8268

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John JohnsonBrooklyn Industries LLCMore Info
479-644-8268

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