Mobile Home Park, Dealer-Rehab-Storage 13AC-Pond

Selma, AL (Dallas County)
Asking Price: $195,000
Real Estate Details
Listed on May 28, 2024

I own a licensed RV and Mobile Home Dealer and bought this park for investment purposes to develop but live in Fort Myers, Florida and cannot accomplish all from this location so I am open for a best CASH offer

I also own a park in Marion with city water and sewer which is close by-

I have 2 parcels with a total 12.8 acres including a pond. The entire parcel is high and dry with no flooding. which is ideal for mobile home storage and rehab- There is a fenced cleared lot in the rear behind the property that can be used for storage for RV's, Boats, and Mobile Homes as needed

I have used this park for buying and rehabbing homes from the large Regional Southeast FEMA Distribution facility in Selma for resale to other parks and retail customers. I have three tenant owned homes there currently to help cover the utilities and 7 additional spaces with utilities which can be rented if needed

The Park has been approved to store, rehab and sell repos or put storage units on the property. I have a Mobile Home Dealer License in Florida and can get one for this property if you are interested I have several homes in the park now in various stages of Rehab that can be sold.

change currency

Financials (USD)

Net Operating Income (Annual) $100,000

Asking Price $195,000

Cap Rate 50%

Additional Details

Street Address 2000 Matthew Lane

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs