231 4th Ave N - Manufactured Housing/Mobile Housing FOR SALE


Bessemer, AL 35020
$360,000 USD
205-870-8580
231 4th Ave N, Bessemer, AL for Sale
$360,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/2
null | Request Cap Rate

231 4th Ave N
Bessemer, AL 35020


OVERVIEW

-LAH Commercial Real Estate is pleased to present this 33 unit value add mobile home park property located in Bessemer, AL. -Includes 33 lots total; currently there are 16 park owned mobile homes (3 of which are occupied) and the remaining lots are for tenant owned homes (of which 8 are occupied). -Occupancy is low, park needs a significant amount of maintenance , and rents are well under market, thus providing a new investor a very strong redevelopment opportunity immediately upon acquisition. -Property is located on +/- 2.7 AC of land; park expansion is a potential option, as there are additional lots that come with the sale of the active park itself. -Property is on city water and county sewer; all lots are separately metered for water and power. -Seller is motivated; seller financing is an option but not preferred. -Call Broker for more details. -Property is on city water and sewer; all lots are separately metered for water and power. -Seller is motivated; seller financing is an option but not preferred. -Call Broker for more details.

FOR SALE DETAILS

PRICE

$360,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

33

PRICE/UNIT

$10,909

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

301, 231, 215 4th Ave N & 3001, 311 3rd Ave N

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,723 SF

ZONING

C4

APN/PARCEL ID

38-00-16-2-036-005.000,38-00-16-2-036-006.000,38-00-16-2-041-001.000,38-00-16-2-041-002.000,38-00-16-2-041-005.000

ASK ABOUT THIS PROPERTY

Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.