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$699,000
Est. payment /mo
18,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $38
MLS Listing ID 167356
HOA Y/N No
Annual Tax Amount $197
Lot Size 8.190 Acres
Acres 8.19
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
Income Producing Property for sale! This 12 unit mobile home community has produced for decades for the seller and now they are looking for a new owner as they have retired out of town. All homes are owned by the seller. Year end gross rents of $88,650 for 2024. Pro-forma gross rents of $120,750. 8 of the 12 units are currently leased. 2 of the 12 units are double wides at $1200/mo and single wides rent for $900/mo. Property actual and pro-forma income/expense statements on file. With a restricted supply, the opportunity to invest in this popular asset class doesn't happen often.
Location
State AL
County Tuscaloosa
Area (10) East Tuscaloosa County
Direction Alabama Ave -> 19th St NE -> Holt Peterson Rd. -> Clinker Rd. ->Chalet Ridge Rd. -> Turn left onto Burch Dr.
Interior
Fireplace No
Others
Tax ID 3005151001003.001
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Listed by PRITCHETT MOORE REAL ESTATE
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