1 Circle Dr 29 Unit Mobile Home Park $99,500 ($3,431/Unit) Marion, AL 36756

Mobile Homes USA in Fort Myers, FL, offers a unique investment opportunity for a partner or buyer looking to develop a growing mobile home park. The property, which is owned outright with a clear title actually located at 2 CIRCLE DRIVE in Marion spans 3 acres and features 9 existing mobile home spaces, all with utilities already in place. In addition, there is ample room to expand the park with up to 30 RV spaces or 14 mobile home spaces, all accessible from the main road. There is a significant demand for affordable housing in the area, particularly for employees at local businesses such as Marion Military Academy, Tekpak Manufacturing, and the Perry County Prison System. To support this demand, the park owner is offering a move-in-ready mobile home for a partner or employee to live on-site while overseeing development. The owner is also in the process of obtaining a mobile home dealer license, which will allow them to buy, rehab, and sell both new and used mobile homes both within and outside the park. Additionally, there are wholesale sources for used RVs and mobile homes available in the greater Selma, AL area, where the owner also owns a 13-acre park used for storage and rehabilitation of homes. This facility provides inventory that can be moved to Fort Myers to increase the number of available units. The park’s expansion is projected to generate over $200,000 in mobile home sales and $120,000 in annual rental income from lot fees, with financing options available for tenants to purchase homes. The estimated development costs for completing infrastructure for the additional spaces are between $50,000 and $60,000, and the property can be used as collateral for a construction loan. The ideal partner would have experience in mobile home, car, or RV sales, and together, the partnership would focus on property development and the sales of homes while benefiting from steady rental income. With a strong potential for growth and profit, this park is a great opportunity for someone looking to enter or expand in the affordable housing sector.