Primary on Main
Address
3672 US Highway 29, Brewton, AL
Price
$ 300,000
Property Attributes
- MLS#356085
- TypeMulti-Family
- CountyESCAMBIA - AL
- CityBrewton
- AreaOther Area
- Zip36426
- StyleMulti Family
- Price$ 300,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage5000
- Lot Size2 Acres
Data Source:
Baldwin County MLS (BCAR)
Property Description
This +/- 2 acre mobile home park is situated near the main area of Brewton, AL. This park currently has the infrastructure to accommodate 10 mobile homes on the lot with the available to put more if desired (up to 14-18 additional units). 2 Mobile Home’s are occupied at a “Friendly” Rental Rate. The others mobile homes have been used for storage and have not been lived in for a while. The park currently has a septic tank and power for up to 10 mobile homes. Some infrastructure will need to be done in order to fill the mobile home park to its maximum. Up to 14-18 pads can be had on this lot with a market rental rate of $400 per pad with tenant paid utilities. Infrastruture needed will include additional septic tanks, water, and power poles. Asking price is based upon Monthly Income opportunity after accounting for cost of infrastructure to maximize NOI. Park Pro Forma: With an estimated $100k of additional infrastructure cost and a projected NOI of $67,200 - $86,400 this park features a lot of potential to create serious cash flow. Minimum projected cap rate after cost of additional infrastructure: 16.8%
| Elementary School | Middle School | High School |
|---|---|---|
| Not Baldwin County Elementary School | Not Baldwin County Middle School | Not Baldwin County High School |
| Price History | |
|---|---|
| 1/10/2024 | Listed $300,000 |
General Features
| Cooling | Window Unit(s) |
|---|---|
| Utilities | Underground Utilities,Water Available |
| Roof | Metal |
| Appliances | None |
| Construction Materials | Aluminum Siding |
| Year Built | 2000 |
| Electric | Alabama Power |
| View | None/Not Applicable |
| Stories | 1 |
| Levels | One |
| Property SubType | Multi Family |
| Percent Ownership | Whole/Full |
| Waterfront Features | No Waterfront |
| Community Features | None |
| County | Escambia,AL |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | None |
| Garage Y/N | No |
| Status | Active |
| Directions | Heading East From the main area of Brewton,AL on US-29 |
| High School | Not Baldwin County |
| City | Brewton |
| Buyer Agent Compensation | 2 |
| View Y/N | No |
| Senior Community Y/N | No |
| MLS Area | Other Area |
| Lot Size Square Feet | 87120 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | US Highway 29 |
| Elementary School | Not Baldwin County |
| Property Attached Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Not Baldwin County |
| Property Condition | Resale |
| Structure Type | Single Story |
| Building Area Units | Square Feet |
| Master on main | Main |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Vinyl |
|---|---|
| Kitchen Level | Main |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Total Bedrooms | 6 |
| LivingAreaSource | Seller |
| Total Baths | 3 |
| Bedroom 5 Level | Main |
| Bedroom 4 Level | Main |
| Bedroom 3 Level | Main |
| Second Bedroom Level | Main |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | None |
|---|---|
| Lot Size Area | 2 |
| Spa | No |
| Building Area Total | 5000 |
| Lot Size Acres | 2 |
| Lot Size Units | Acres |
| Open Parking Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 36426
Price
Visits
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of
REALTORS ® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS ®. Florida
Baldwin County Association Of Realtors®: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2024 and is owned either by the Mobile Area Association of REALTORS® Inc/Gulf Coast MLS; or by the developers of the software, Inside Real Estate, LLC. All rights reserved.
