0 County Road 415, Abbeville, AL 36310
sale
$1,596,000
|
Other
Courtesy Of James Bowman Realty Inc.
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.
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Property Features
- Architecture Style: Other
- Floors: 1
- MLSID: 209935
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