Heritage Village MHP

Multi-Family for Sale
Catylist Listing ID: 30825313
Property Subtypes: Mobile Home Park
Number of Units: See Agent
Building Size (RSF): 10 SF
Gross Building Area: See Agent
Gross Land Area: 15 SF
Sale Price: $1,725,000
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/22/2022

Overview / Comments

Beck Partners is pleased to present for sale Heritage Village in Atmore, Alabama. This high quality mobile home park is situated within 50 miles of Pensacola, FL and Mobile, AL and just 2 miles to the Florida border. Heritage Village consists of 34 developed mobile home lots and 2 RV Lots. The park is licensed for 54 lots and already has water and electric in place for 8 of the 20 potential lots. Included with this park are 33 well maintained park owned homes, 9 of which are doublewides and an office/equipment shed. All homes are 1995 or newer and the majority of the roofs where replaced in the last two years. Heritage Village is serviced by public water and septic tanks along with underground electric that is paid directly by the tenants. This park features many long term tenants with below market rents that have not been increased for several years.

Easy Upside through Increasing Rents to Market
Expansion and Infill Opportunity
Great Condition - Built in the 2000s
Strong Historical Occupancy

Additional Details

Nearest MSA: Atmore
County: Escambia
Tax ID/APN: 2607260200007000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,314 5,774 9,778
Median Age: 41.84 37.97 37.6
Households: 522 2,307 3,922

Contact

Photograph of Listing Agent

Jared Jackson

Beck Partners CRE, LLC
TALrex.com Member
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