Description
3 income producing mobile homes. On 3 acrs of land in very desirable Elberta Alabama. One 4 bedroom, and 2 three bedroom units with approval for one more mobile home. Current leases are bringing in a total of $3950 per month or $47,400 per year of guaranteed income. One of the 3 bedroom mobile homes is vacant but could bring in at least another $800 per month for a total of $66,600 per year. Main mobile home was recently and beautifully renovated. The property is very spacious and is very well landscaped for privacy. There are 2 wells, 3 septic tanks and two storage barns. The wells were pulled, serviced and updated after Sally. This is a unique property with potential to bring in even more income. Public boat launch is just a few blocks away.
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4BEDS
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3ACRES
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2BATHS
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01/2 BATHS
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4,380SQFT
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$90$/SQFT
School Information
Description
3 income producing mobile homes. On 3 acrs of land in very desirable Elberta Alabama. One 4 bedroom, and 2 three bedroom units with approval for one more mobile home. Current leases are bringing in a total of $3950 per month or $47,400 per year of guaranteed income. One of the 3 bedroom mobile homes is vacant but could bring in at least another $800 per month for a total of $66,600 per year. Main mobile home was recently and beautifully renovated. The property is very spacious and is very well landscaped for privacy. There are 2 wells, 3 septic tanks and two storage barns. The wells were pulled, serviced and updated after Sally. This is a unique property with potential to bring in even more income. Public boat launch is just a few blocks away.
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Listing provided by Re/Max Of Orange Beach: 251-981-2400. Listing information © 2022 Baldwin County Association of REALTORS® MLS.