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Investment Highlights

  • Established mobile home park spanning approximately 3 acres with 22 total sites, 9 currently active.
  • Room for additional mobile home or RV spaces, creating future income potential.
  • Opportunity to integrate mobile home sales operations through a pending dealer license and on-site inventory supply.
  • Utilities are already in place for existing pads, streamlining ongoing operations and facilitating expansion.
  • Growing demand for affordable housing supported by local employment hubs and institutions.
  • Projected revenue includes both home sales and recurring lot rental income streams.

Executive Summary

An exciting investment opportunity awaits at 1 Circle Drive in Marion, Alabama. This 3-acre property currently operates with nine fully serviced mobile home spaces and offers significant expansion potential to a total of 22 sites. All utilities are in place for existing spaces, and infrastructure improvements will allow future development for additional mobile home or RV pads. This flexibility creates multiple income streams and long-term value for an investor or operating partner.
Located in an area with strong demand for affordable housing, the property serves a workforce that includes employees from Marion Military Academy, local manufacturing, and nearby correctional facilities. To meet this demand, the current owner has initiated plans to secure a mobile home dealer license for buying, refurbishing, and selling units both on and off-site. Additional inventory can be sourced from the owner’s 13-acre facility in Selma, enhancing operational efficiencies and supply chain control.
Projected performance includes an estimated $200,000 in mobile home sales and $120,000 in annual lot rental income upon completion of expansion. Development costs for completing infrastructure improvements are estimated at $50,000–$60,000, and the property can serve as collateral for financing. This offering represents a compelling opportunity for experienced investors or operators in mobile home, RV, or auto sales to capitalize on strong market fundamentals, create housing solutions, and unlock consistent revenue growth.

Property Facts

Price $99,500
Price Per Unit $3,431
Sale Type Investment
No. Units 29
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 3.00 AC
Building Size 29,000 SF
No. Stories 1
Year Built 1980
Opportunity Zone Yes
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
13-01-12-1-002-009.0000
Land Assessment
$3,440
Improvements Assessment
$1,260
Total Assessment
$4,700
  • Listing ID: 35443009

  • Date on Market: 9/24/2021

  • Last Updated:

  • Address: 1 Circle Dr, Marion, AL 36756

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