WILDFORK RD - Manufactured Housing/Mobile Housing FOR SALE


Frisco City, AL 36445
$645,000 USD
605-390-1975
WILDFORK RD, Frisco City, AL for Sale
$645,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/3
null | Request Cap Rate

WILDFORK RD
Frisco City, AL 36445


HIGHLIGHTS

  • Low Operating Costs and Efficient Management
  • Attractive Location with Affordable Living
  • Potential for Rent Growt
  • Diverse Tenant Mix with Stable Cash Flow

OVERVIEW

Marcus & Millichap is pleased to present Frisco MHP, a well-maintained manufactured home park located in Frisco City, Alabama. This property consists of 30 total pads, including 7 lot rentals, 8 tenant owned homes via rent-to-own, 4 vacant park owned homes, and 11 vacant pads. Electricity is billed directly to tenants, while water and sewer services are provided by the city. Frisco MHP represents a solid investment opportunity with strong current cash flow and significant upside potential. With a low-cost structure, expansion opportunities through vacant lots, and a favorable market for affordable housing, this property provides an attractive opportunity for investors seeking long-term value appreciation and stable income in a growing market. Frisco City is a small, but growing community located in southern Alabama, within close proximity to major regional hubs like Mobile and Montgomery. Known for its peaceful rural atmosphere and low cost of living, Frisco City is increasingly attracting residents seeking affordable housing options. The area has a stable local economy driven by agriculture, manufacturing, and a growing tourism industry, with residents enjoying easy access to recreational activities and outdoor amenities. As the demand for affordable housing in Alabama continues to rise, Frisco MHP is well-positioned in a market with both current stability and long-term growth potential.

FOR SALE DETAILS

PRICE

$645,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

30

PRICE/UNIT

$21,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frisco City MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.63 AC

LAND SF

419,483 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nick LoreMarcus & MillichapMore Info
605-390-1975

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Nick LoreMarcus & MillichapMore Info
605-390-1975

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