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Attention Investors! Under the Oaks Mobile Home Park for sale! 8 total units on 3.6+/- acres. Units consist of 1x renovated single family home + 7 mobile home lots (5 lots rented, 2 lots currently vacant, prepped and ready for new tenants) property is currenly bringing in $3,140/mo with potential for $4,080/mo with the additional 2 lots rented. Trailers are all tenant-owned new manufactured homes! This is a very low maintenance property with tenants owning their own homes, no owner maintenance is ever needed on the mobile homes. Owner maintains the single family home, park common areas and driveway, water line mains throughout, and all of the septic tanks. Located in the Beauregard School District. Great location only 10 mins to Tiger Town Shopping Center, and 10 mins to Moore's Mill. Seller is a licensed real estate agent in the state of Alabama.
Property Type(s):
Multi Family
Last Updated | 11/5/2024 | Tract | NONE |
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Year Built | 1960 | Community | Lee County |
County | Lee |
SCHOOLS
Elementary School | BEAUREGARD ELEMENTARY |
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Jr. High School | BEAUREGARD ELEMENTARY |
Price History
Prior to Nov 5, '24 | $500,000 |
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Nov 5, '24 - Today | $485,000 |
Additional Details
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
AREA | Lee County |
CONSTRUCTION | Vinyl Siding |
EXTERIOR | Storage |
HEAT | Natural Gas, Propane |
LOT | 3.6 acre(s) |
PARKING | Carport, Open |
SEWER | Septic Tank |
STORIES | 1 |
SUBDIVISION | NONE |
UTILITIES | Cable Available, Propane, Water Available |
Location
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Listing provided by JAKE ROLAND, EXP REALTY - SOUTHERN BRANCH
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