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Frisco City MHP WILDFORK RD 36 Unit Mobile Home Park $545,000 ($15,139/Unit) Frisco City, AL 36445
INVESTMENT HIGHLIGHTS
- Low Operating Costs and Efficient Management: The low utility costs allow for higher profitability and greater ease of management.
- Potential for Rent Growth
- Attractive Location with Affordable Living
- Diverse Tenant Mix with Stable Cash Flow
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Frisco MHP, a well-maintained manufactured home park located in Frisco City, Alabama. This property consists of 36 total pads, including 7 lot rentals, 9 tenant owned homes via rent-to-own, and 20 vacant pads. Electricity is billed directly to tenants, water is provided by the city, and the property is served by a septic system. Frisco MHP represents a solid investment opportunity with strong current cash flow and significant upside potential. With a low-cost structure, expansion opportunities through vacant lots, and a favorable market for affordable housing, this property provides an attractive opportunity for investors seeking long-term value appreciation and stable income in a growing market.
Frisco City is a small, but growing community located in southern Alabama, within close proximity to major regional hubs like Mobile and Montgomery. Known for its peaceful rural atmosphere and low cost of living, Frisco City is increasingly attracting residents seeking affordable housing options. The area has a stable local economy driven by agriculture, manufacturing, and a growing tourism industry, with residents enjoying easy access to recreational activities and outdoor amenities. As the demand for affordable housing in Alabama continues to rise, Frisco MHP is well-positioned in a market with both current stability and long-term growth potential.
Frisco City is a small, but growing community located in southern Alabama, within close proximity to major regional hubs like Mobile and Montgomery. Known for its peaceful rural atmosphere and low cost of living, Frisco City is increasingly attracting residents seeking affordable housing options. The area has a stable local economy driven by agriculture, manufacturing, and a growing tourism industry, with residents enjoying easy access to recreational activities and outdoor amenities. As the demand for affordable housing in Alabama continues to rise, Frisco MHP is well-positioned in a market with both current stability and long-term growth potential.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $545,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $15,139 | Lot Size | 9.63 AC |
| Sale Type | Investment | Building Size | 419,483 SF |
| No. Units | 36 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Price | $545,000 |
| Price Per Unit | $15,139 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 9.63 AC |
| Building Size | 419,483 SF |
| No. Stories | 1 |
| Year Built | 1980 |
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CONTACTS
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Nick Lore -
Ryan Lipomi -
Dylan Hellberg -
William Graves -
Eddie Greenhalgh -
Marcus & Millichap
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Frisco City MHP | WILDFORK RD
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