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Lundsford MHP 1015 Rhea Ave

67 Unit Mobile Home Park For Sale Opp, AL 36467

Investment Highlights

  • High cash flow in place with inherited stable tenant base.
  • 13,200 VPD on N Main St
  • City Utilities

Executive Summary

53 out of 67 lots occupied and 15 lots are resident owned. Opportunity to inherit a stable tenant base.

Property Facts

Sale Type Investment
No. Units 67
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low Rise
Building Class C
Lot Size 15.00 AC
Building Size 47,935 SF
Average Occupancy 79%
No. Stories 1
Year Built/Renovated 1980/2000
Parking Ratio 2.8/1,000 SF

Site Amenities

  • Property Manager on Site
  • Maintenance on site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-09-32-2-003-022.000
Land Assessment
$1,600
Improvements Assessment
$140
Total Assessment
$1,740

zoning

Zoning Code MHR (Mobile Home Park)
MHR (Mobile Home Park)
  • Listing ID: 33123879

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 1015 Rhea Ave, Opp, AL 36467

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