$420,000
$499,995
16.0%For more information regarding the value of a property, please contact us for a free consultation.
22 Beds
16 Baths
10,000 SqFt
SOLD DATE : 02/02/2024
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $42
MLS Listing ID 352934
Sold Date 02/02/24
Bedrooms 22
Full Baths 16
Construction Status Resale
Year Built 1995
Annual Tax Amount $4,553
Lot Size 3.140 Acres
Property Description
***CALLING ALL INVESTORS*** 3.14 Acre Mobile Home Park in the heart of Mobile! Current units include one 3BR 2BA house, and 7 park owned mobile homes. The property is ready for expansion with 6 additional lots that have had the septic systems installed and are ready to finish out with new mobile homes or tiny home builds. Gross rents are over 60k a year before expansion with an estimate of 110k-120k once all lots are built out and occupied. All existing units are being sold as is where is. Listing includes both parcel 1157134 and 1157125. Please contact the listing agent to schedule showings.
Location
State AL
County Mobile
Area Mobile County
Interior
Heating Electric, Central
Cooling Window Unit(s)
Flooring Other Floors-See Remarks
Fireplace Yes
Appliance Dishwasher, Electric Range, Refrigerator
Exterior
Parking Features See Remarks
Community Features None
Utilities Available Sewer Available
Waterfront Description No Waterfront
View Y/N Yes
View Wooded
Roof Type Composition,Metal
Garage No
Building
Story 1
Sewer Septic Tank
New Construction No
Construction Status Resale
Schools
Elementary Schools Wc Griggs
Middle Schools Katherine H Hankins
High Schools Theodore
Others
Ownership Whole/Full
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Bought with iDEAL Real Estate Co., LLC
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