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$ 999,000
Est. payment | /mo
8 Acres Lot
$ 999,000
Est. payment | /mo
8 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Country Club Mobile Home Park
MLS Listing ID 209935
Lot Size 8.000 Acres
Property Sub-Type Commercial
Property Description
Country Club MHP, is a well-located manufactured home park in Abbeville, Alabama. This property consists of 24 total pads, including 1 rental house, 2 tenant owned homes, and 11 park owned homes. 20 Septic Tanks in place. Electricity is billed directly to tenants, water is provided by the county and sewer is serviced via septic. CC MHP is an attractive investment opportunity for buyers seeking a stable, recession-proof, income producing property with opportunity for growth. With a strong tenant base, low operating costs, and significant upside potential in adding rental units, this property offers solid returns in a growing, affordable market. The property consisting of 8 acres has infrastructure and septics in place to value-add 10 additional mobile homes. Currently 10 RV pads as well could be occupied by Mobile homes. Additional frontage on Hwy 10 are planned to be used for storage units. Rents are currently under market with waiting lists for units as they come available. The site is unique as it contains well shaded lots with large live oak and pecan trees and is very quiet compared to other affordable housing in the area. The rental units have up to date appliances, stoves, refrigerators and washer/dryers, low maintenance metal roofs and covered decks.
Location
State AL
County Henry
Area Henry
Exterior
Garage Spaces 30.0
Waterfront Description No Waterfront
Total Parking Spaces 30
Garage No
Building
Sewer Septic Tank, Other
Water County
Level or Stories 1
Others
Virtual Tour https://tour.usamls.net/0-Hwy-10-Abbeville-AL-36310/unbranded
Listed by Weichert Realtors JBR Legacy Group
GET MORE INFORMATION
Mike Pierce
Associate Broker | Team Lead | License ID: 90551
+1(334) 339-6674 | mpierce@axenrealty.com