820 Highway 231 N - Manufactured Housing/Mobile Housing FOR SALE
Troy, AL 36081 |
820 Highway 231 N
Troy, AL 36081
HIGHLIGHTS
- Publicly serviced water directly billed to tenants results in decreased expense load / management responsibilities.
- Below market rents representing the opportunity to increase revenue through gradual rental increases.
- Paved roads throughout each park will provide new ownership with decreased capex budget upon takeover.
- Located in close proximity to Troy University which is home to 14,000 students and 700 faculty and staff (14,700 total).
- Opportunity for new ownership to infill 50 empty pads resulting in significantly increased revenues.
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
Sunset Mountain & Homestead Mobile Home Parks
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
55 10 04 18 3 002 001.002
