11630 Henderson Camp RD new Save Request In-Person Tour Request Virtual Tour
Grand Bay,AL 36541
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 7505747
Annual Tax Amount $1,346
Tax Year 1346
Lot Size 10.000 Acres
Property Description
Mobile Home Park in Grand Bay with room for expansion on 10 acres. Current cap rate of 9.8%. Property Includes 4 MHs, 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 under refreshing, 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 or 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. 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.
Location
State AL
County Mobile - Al
Direction From US Hwy 90, go south on State Road 188, then South on Henderson Camp Road approximately 2 miles to property on right.
Interior
Heating Other
Cooling Window Unit(s)
Flooring Other
Exterior
Fence None
Community Features None
Utilities Available Cable Available,Electricity Available,Water Available,Other
Waterfront Description None
View Y/N true
View Rural
Roof Type Composition,Metal,Other
Building
Lot Description Other
Sewer Septic Tank
Water Public
Level or Stories One
Schools
Elementary Schools Cora Castlen
Middle Schools Grand Bay
High Schools Alma Bryant
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard