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01 IMA LN, Atmore, Alabama

$375,000Active

01 IMA LN, Atmore, Alabama 36502
- MLS® ID: 488936

Property Details

01 IMA LN, Atmore, Alabama 36502 - ATMORE, AL! INVESTMENT PROPERTY! This 8 acre property has 10 mobile homes located on it with the seller owning 10 of the mobile homes. The ages of the mobile homes are 1982,1985,1988,1993,1994,1996,1997,1998, and 2001. (2) are double wide's and (8) are single wide. Seller has remodeled all mobile homes except for one, and put 3 New Metal Roofs on (3) homes on Tish Lane. Presently ready to add (6) more mobile homes with just electrical meters added, septic tanks are in place. Seller states if you would want to reposition the mobile homes you could have a total of (40) units on this acreage. It is conveniently located about a 1/2 of a mile from Wind Creek Casino & Hotel. This property yields a monthly income presently of $5,125.00 not including the 3 remaining lots still available to rent. Which the lots rent for $200.00. Electric, water & sewer ready on 9 units. Seller is retiring. Seller expenses are garbage pickup up and lawn care. Call Today!!! **The buyer of this Mobile Home Park will be able to place (2) two bedroom, 1 bath mobile homes on one septic tank. At the moment, with no updates, this park is available for 20 Mobile Homes. Turning the existing mobile homes perpendicular to Ward & Terry Lane, adding more homes to the property, this will allow space for 10+ more homes to be added.**

Amenities

  • Zip36502
  • CountyEscambia
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeUNZONED
  • Lot size216x420x220x420
  • MLS® ID488936

Listing Courtesy of PHD Real Estate, LLC

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