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11630 Henderson Camp Road, Grand Bay AL 36541

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$449,000

11630 Henderson Camp Road, Grand Bay AL 36541

10.00 acre lot

Property Overview

Profitable Mobile Home Park in Grand Bay with room for expansion on 10 acres. Current cap rate of around 10%. Property Includes 4 MHs )one MH is a duplex), 1 RV Lot and a 2 bedroom, 1 bath house. One of the Mobile homes has been converted to a duplex with 1/1 studio apartment and a 2/1 with a kitchen making a total of 6 dwelling units and the rentable RV lot. The House, currently renovated, is bordered by large azaleas and has direct access to paved public road. Other dwellings use the private gravel drive from the main public road. There is also a maintenance shed on the property for lawn mower storage. Owner furnishes utilities and garbage service to all dwelling units. Tenants furnish their own internet and cable. Typically the park has full occupancy with a steady cash flow. Current dwellings and RV lot are on the front of the property (approx 3 Ac) leaving 7 acres for future expansion. 3- 200 amp poles plus service to house. Seller pays all utilities and maintenance. There is a 2" water main at the back of the developed 3 Ac area. Parking areas near each dwelling. Very rural setting but easy travel to local shopping. Rental data and more information on request.

  • Subdivision

    Metes & Bounds

  • County

    Mobile - AL

  • Property Type

    Residential Income

  • Lot Size (Acres)

    10.00

Features & Amenities

School Information

Elementary School

Cora Castlen

Middle School

Grand Bay

High School

Alma Bryant