|
|
 |
| Price: |
$630,000 |
| MLS #: |
100905 |
| Bedrooms: |
0 |
| Area: |
|
|
| Type: |
Multi Family |
| Status: |
Active |
| Bathrooms: |
0 |
| Lot Size: |
209,088 |
|
|
Great location - convenient to both Auburn and Opelika! Has a current rental rate of 74% Investors, why buy small houses and or condos to rent The potential income for this one park gives you more bang for your buck! Currently has a CAP Rate of almost 12% There is no sign at the front of the park Owners do not want to alarm the tenants !! Call LA for more information Fuller s Mobile Home Park Property includes A 2 bedroom 1 bath brick house (built in 1955) currently leased; 16 Park Owned Mobile Homes (all leased); 3 lots occupied by tenants own homes (pay lot rent); and 7 vacant lots All lots are on 1 water meter (sellers include water in monthly rent) House and lots on septic tanks Room for growth and additional units - no additional mobile homes, but small cottages and or duplexes could be added to increase park income This park has recently increased its monthly revenues by 65% and has a CAP Rate of almost 12%
|
© Lee County Association of REALTORS, Inc.
Courtesy of FIRST REALTY.
|
|
