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Mark Davis
  • Real Estate Agent
  • Fairhope, AL
Votes |

​Seminole, Alabama Opportunity ​MOTIV​ATED SELLER!!!

Mark Davis
  • Real Estate Agent
  • Fairhope, AL
Posted Nov 21 2022, 08:13
    • Perfect property if you are wanting to dip your toe into the MHP market.
  • This unique property has 3 homes fully occupied and income-producing!
  • This is a prime location due to the close proximity to Pensacola, Fla., I-10, and Alabama's white-sandy beaches.
    • 2.65 acres of land
  • First a 3-BR, 2-bath double-wide mobile with a split plan (built in 1999, 1,792 sq. ft.).
    • The kitchen has significant storage and a portable dishwasher.
    • Large living room, den with wood-burning fireplace, formal dining.
    • The master bath is large, with an open area begging for a walk-in shower or extra storage, as well as a deep walk-in closet.
    • New central heat and four window AC units in 2021.
  • Second a 1-BR, 1-bath site-built cottage (built 1999, 800 sq. ft.).
    • Open floor plan, large laundry room, storage.
    • New window units.
  • Third a 3-BR, 2-bath single-wide mobile with a split plan (built 1997, 1,280 sq. ft.).
    • New kitchen cabinets, 3/4" vinyl flooring, ceiling fans, metal roof, and window units.
  • All tenants are on a month-to-month lease
    • ​$1,300 mo. for home #1
    • $925 for home #2
    • $1,150 home #3
      • ​Monthly total: $3,375.00
  • A deep well (new in 2021) with filtering systems serves all homes; each home has its own shut-off valve. However, public water is available with meters already installed at the street.
    • A second capped well is available at the back for added need.
  • New water heaters in all homes in 2021.
  • Each home has its own septic system.
  • The back pasture perfect for a horse or two, build a barn or developing as you see fit.
  • Per a contact in the county zoning dept., you can also subdivide the property into two parcels. (If interested for future reference, ask about the configuration that was determined to work.)
  • Appointment required, with a day's notice requested so all tenants can be adequately notified.
  • If needing to finance, must be preapproved for a residential commercial loan that allows mobile homes since the property is being used as rentals and has three dwellings.
  • Asking $425,000
    • Motivated Seller.
    • Get creative...
    • "The offer you don't make is the deal you won't get!!!
  • Link to additional information about the park...Click Here!
  • (click the link for the video and other information) 

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