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REDUCED QUICK SALE 45 LOTS MOBILE HOME PARK 1204 4th ave 45 Unit Mobile Home Park $595,000 ($13,222/Unit) York, AL 36925
Investment Highlights
- REDUCED FOR QIUCK SALE! 100% Passive Income Property Owned and Managed From California by Owner
- Potential to make 6 figure income very quickly here
- Huge Value Add Potential by Adding more Park Owned Homes or Tenant Owned Homes
- Tenants are Direct Billed for all of their Utilities Individual Meters (Water, Sewer, Electricity) Tenants are also directly billed for Trash Service.
- 28 Tenant Owned Homes with 17 Vacant Pads Ready for Park Owned Homes or Tenant Owned Homes
- Near Freeway, Close to Both Livingston Alabama and Meridian Mississippi * Many Amenities Near the Property (Shopping, Schools, Health Care)
Executive Summary
Asking price reduced to $ 595,000 for Quick Sale. Open to Cash offers!
45 Lots Mobile Home Park with City Utilities. The park has city water and sewer, with every lot being individually metered for utilities including electricity. Tenants at the park are directly billed by the service providers ( water, sewer, electricity ) and pay them directly including trash service. The tenants are also responsible for their own yard maintenance. This results in less management duties and more passive income.
There are 28 occupied lots with tenant owed homes (TOH) and 17 vacant lots ready for trailers to be added immediately. The vacant lots have meters in place and are ready for homes to be placed on them immediately. You can continue with tenant owned homes or add park owned homes (POH). There is a huge need for more housing in this park. I currently don't do any type of advertising
There is a groundskeeper on the property who watches over the property and keeps it nice and tidy. The groundskeeper cuts the grass at the vacant lots and helps new tenants. He receives free lot rent for his duties as the groundskeeper.
As the owner, I manage this property from home in California. The property has very few expenses, which makes management a breeze. Tenants own their own homes and have their own homeowners insurance. I just pay my annual taxes which run around $ 800 a year, security lights at the property which run around $ 120 a month, and my groundskeeper who receives free lot rent for watching over the property for me. You can live anywhere in the USA and manage this property like I do, and use it for passive income.
45 Lots Mobile Home Park with City Utilities. The park has city water and sewer, with every lot being individually metered for utilities including electricity. Tenants at the park are directly billed by the service providers ( water, sewer, electricity ) and pay them directly including trash service. The tenants are also responsible for their own yard maintenance. This results in less management duties and more passive income.
There are 28 occupied lots with tenant owed homes (TOH) and 17 vacant lots ready for trailers to be added immediately. The vacant lots have meters in place and are ready for homes to be placed on them immediately. You can continue with tenant owned homes or add park owned homes (POH). There is a huge need for more housing in this park. I currently don't do any type of advertising
There is a groundskeeper on the property who watches over the property and keeps it nice and tidy. The groundskeeper cuts the grass at the vacant lots and helps new tenants. He receives free lot rent for his duties as the groundskeeper.
As the owner, I manage this property from home in California. The property has very few expenses, which makes management a breeze. Tenants own their own homes and have their own homeowners insurance. I just pay my annual taxes which run around $ 800 a year, security lights at the property which run around $ 120 a month, and my groundskeeper who receives free lot rent for watching over the property for me. You can live anywhere in the USA and manage this property like I do, and use it for passive income.
Property Facts
| Price | $595,000 | Building Class | C |
| Price Per Unit | $13,222 | Lot Size | 11.00 AC |
| Sale Type | Investment | Building Size | 45,000 SF |
| No. Units | 45 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | MF - Multi-Family Mobile Home Park | ||
| Price | $595,000 |
| Price Per Unit | $13,222 |
| Sale Type | Investment |
| No. Units | 45 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 11.00 AC |
| Building Size | 45,000 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Zoning | MF - Multi-Family Mobile Home Park |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 22-08-33-1-001-002.002 | Improvements Assessment | $7,360 |
| Land Assessment | $4,880 | Total Assessment | $12,240 |
Property Taxes
Parcel Number
22-08-33-1-001-002.002
Land Assessment
$4,880
Improvements Assessment
$7,360
Total Assessment
$12,240
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REDUCED QUICK SALE 45 LOTS MOBILE HOME PARK | 1204 4th ave