Oakridge Mobile Home Park 61 County Road 38 Immeuble residentiel 8 lots 510 330 € (63 791 €/Lot) Taux de capitalisation 9,30 % Florence, AL 35634

Oakridge Mobile Home Park is a 9 unit park located in the Rogers School District. It is situated on 2 acres outside the city limits of Florence AL. The park has city water and electric that is individually metered. Sewer is handled by septic tanks and there is one tank per trailer. There is an asphalt private road in decent shape for access into the park. The park has 8 Park Owned Homes (POH) and 1 Tenant Owned Home (1). The trailers range in age from 1990-2018. Two trailers were recently updated and two newer trailers were recently added to the park. The park is a mixture of 3 bed/2 bath and 2 bed/2 bath units. Lot rent is currently $225 but the could be increased to $375-$475. The 3 bed/2 bath trailers rent for $850-$995 and 2 bed/2 bath units rent for $575-$800. All trailers have newer central HVAC units. Parking is off street for up to 2 cars per trailer. All unit have stove, refrigerator and microwave and laundry rooms. I am trying to sell the park to buy a larger park. Any question can be submitted to acrents@ardmore.net. I can provide financials for the park once an NDA is signed.