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0 W.G. Bond Rd
Dothan, AL 36305
Land For Sale
·
4.96 AC
Executive Summary
LAH Commercial Real Estate is pleased to present this 16 pad Mobile Home Park located in the booming market of Dothan, AL.
The property has one Park Owned Home and the remainder are all Tenant Owned Homes, Rent to Own, or Bond for Title, thus providing an outside investor with minimal maintenance costs, and a turnkey, cash-flowing asset.
The landlord pays for water, lawn service, taxes, and insurance and tenants cover everything else. Water is included in the lot rent which is below market, thus providing another value add opportunity.
13 of the 16 lots are occupied, with three lots vacant. Infrastructure is in place to add three more units as Park Owned Homes or rent the lots themselves as a majority of the park is outlined.
Priced at an attractive CAP Rate on actual numbers; please call, text, or email Broker for more details.
The property has one Park Owned Home and the remainder are all Tenant Owned Homes, Rent to Own, or Bond for Title, thus providing an outside investor with minimal maintenance costs, and a turnkey, cash-flowing asset.
The landlord pays for water, lawn service, taxes, and insurance and tenants cover everything else. Water is included in the lot rent which is below market, thus providing another value add opportunity.
13 of the 16 lots are occupied, with three lots vacant. Infrastructure is in place to add three more units as Park Owned Homes or rent the lots themselves as a majority of the park is outlined.
Priced at an attractive CAP Rate on actual numbers; please call, text, or email Broker for more details.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.96 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.96 AC |
1 Lot Available
Lot
| Price | $480,000 | Lot Size | 4.96 AC |
| Price Per AC | $96,774.19 |
| Price | $480,000 |
| Price Per AC | $96,774.19 |
| Lot Size | 4.96 AC |
The property has one Park Owned Home and the remainder are all Tenant Owned Homes, Rent to Own, or Bond for Title, thus providing an outside investor with minimal maintenance costs, and a turnkey, cash-flowing asset.
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