135 County Road 731
Clanton, AL 35046
Magnolia Mobile Home Park · Land For Sale · 30.00 AC

The biggest value in this property is the ability to be bringing in income while you are developing the land for various other uses. Acreage is mostly treed with a small pond and creek. Deer, squirrels, rabbits, quail, wild turkey and dove. Park owned 3" commercial water meter with individual meters for each home with pressure regulators. All septic tanks have risers for clean out and filtering particulates, no digging required. Can be developed to 90 lots. Close to Lay Lake and Lake Mitchell, making it a great location for Boat Storage. 30 Acres with 14 park owned homes. 24 homes have been surveyed and perk tested. Currently there are only 5 acres that have been developed. Therefore, there is plenty of room for expansion to include RV lots, more mobile homes and Boat Storage. This property is located a mile from the new proposed Alfa Centennial Farm Event Center which is expected to hold events 300 days per year. 4 of the 14 units are currently leased. Therefore, there is a wide gap for value add. Also, all units are separately metered for water but the current owner is paying water. This can easily be passed on to the tenants.