820 Highway 231 N | Troy, AL 36081
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820 Highway 231 N
Troy, AL 36081
Sunset Mountain & Homestead Mobile Home Parks · Multifamily Property For Sale
Investment Highlights
- Publicly serviced water directly billed to tenants results in decreased expense load / management responsibilities.
- Paved roads throughout each park will provide new ownership with decreased capex budget upon takeover.
- Opportunity for new ownership to infill 50 empty pads resulting in significantly increased revenues.
- Below market rents representing the opportunity to increase revenue through gradual rental increases.
- Located in close proximity to Troy University which is home to 14,000 students and 700 faculty and staff (14,700 total).
Property Facts
| No. Units | 167 | Lot Size | 45.23 AC |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1980 |
| No. Units | 167 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 45.23 AC |
| No. Stories | 1 |
| Year Built | 1980 |
Property Taxes
| Parcel Number | 55 10 04 18 3 002 001.002 | Improvements Assessment | $7,420 |
| Land Assessment | $9,260 | Total Assessment | $16,680 |
Property Taxes
Parcel Number
55 10 04 18 3 002 001.002
Land Assessment
$9,260
Improvements Assessment
$7,420
Total Assessment
$16,680
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