996 9th St W - Manufactured Housing/Mobile Housing FOR SALE


Red Bay, AL 35582
$2,480,000 USD
423-544-0002
996 9th St W, Red Bay, AL for Sale
$2,480,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/6
null | Request Cap Rate

996 9th St W
Red Bay, AL 35582


OVERVIEW

The best luxury resort Rv park you will find. 51 prime recreational vehicle sites, all with hook-ups. The concrete sites are 60' back-in style, each with their own picnic table. There are several luxury sites that have a private fire pit and a 12X12 patio. Located in beautiful Red Bay Alabama, in the northwest corner of the state. Close enough to stay at the park and visit Mississippi, or check out the local attractions. Property also includes a commercial building that was used as a restaurant. They used to operate the restaurant but closed it down last year. It operated at a loss which is reflected in the financials and needs to be accounted for as it adds to the net income the property makes. The resort offers many amenities including: a Stocked Fishing Lake, fenced in dog park, Wi-Fi, Pickleball courts, Horseshoes, electric, water, and much more! 24 hour video surveillance for your security. Confidentiality agreement (NDA) must be signed prior to receiving financials on the park.

FOR SALE DETAILS

PRICE

$2,480,000 USD

PRICE/SF

$1,240 USD /SF

# OF UNITS

51

PRICE/UNIT

$48,627

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Bay Rv

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Stewart PhillipsKeller Williams RealtyMore Info
423-544-0002

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Stewart PhillipsKeller Williams RealtyMore Info
423-544-0002

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