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15136 County Road 28
Summerdale, AL 36580
Live Oak Mobile Home Park · Multifamily Property For Sale · 49,600 SF
Investment Highlights
- SUBSTANTIAL REDEVELOPMENT IN EXPANDING MARKET
- STRONG OCCUPANCY
- ENHANCED CURB APPEAL
PROPERTY FACTS
| No. Units | 62 | Building Size | 49,600 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 16.00 AC |
| No. Units | 62 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 16.00 AC |
| Building Size | 49,600 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 1/1,000 SF |
About 15136 County Road 28 , Summerdale, AL 36580
Capstone Manufactured Housing is pleased to present Live Oak MHP. This community features 62 sites with an occupancy of 95%—soon to be 100%, with tenants slated to occupy the remaining three sites next month. This community is positioned advantageously in the path of progress and reaps the benefits of the expanding market in Baldwin County, which was recently named the fastest-growing county in Alabama. The economic momentum of several major development projects are significant and long-term. OWA, a premier destination resort, was recently opened in the heart of Foley. This family-friendly retail, dining, and entertainment development will continue to anchor new investments in the area and facilitate sustained job growth in the region. Other recently completed developments include the Foley Sports Tourism Complex (which brings in thousands of athletes and families each year for national tournaments), as well as the recently completed Tanger Outlet Mall. These major developments create positive economic impacts in the area, and provide a substantial value-add to the Live Oak community. This is a unique opportunity to acquire a well-maintained, turn-key portfolio in a rapidly growing MSA.
PROPERTY TAXES
| Parcel Number | 55-02-10-0-000-004.002 | Improvements Assessment | $202,340 |
| Land Assessment | $74,640 | Total Assessment | $276,980 |
PROPERTY TAXES
zoning
| Zoning Code | MHP |
| MHP |
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