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Mobile Home Park with Expansion Space

14119 County Road 49 Foley, AL 36535

14119 County Road 49, Foley, AL, 36535
$299,900
For Sale
$299,900

MULTI_FAMILY - Foley, AL

Property Size3,236 SF
Lot Size1.64 Acres
Price / SF$92.68
Days on Market107

Property Features for 14119 County Road 49

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Standard status
Active
APN
55-05-16-0-000-011.002
Size
3,236 SF
Lot size
1.64 Acres

Taxes and HOA fees

Tax Description
Lot 8A Crystal Estates

Building Details

Year built
1991
Floors in Building
1
Flooring type
Other floors-see remarks
Architectural style
Other
Listing Agency Terri T Realty
2770 S McKenzie St, Foley, AL
Listed by Randall Allen · License #68588
Added: Apr 2 Checked: Jul 17 at 10:06 am
MLS# 394473 Listing URL

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property consists of a 1.64+/- acre parcel improved with three mobile homes. Two of the homes are currently rented, and one is seller occupied. Additional improvements include a small barn with a finished room attached, and a metal building measuring 30' x 25' that was previously used as a commercial laundry supporting rental properties along the coast.

The property is located outside city limits in the county. It is described as being a short drive to the Alabama Gulf Coast beaches. The sale is offered “AS-IS WHERE-IS NO WARRANTIES EXPRESSED OR IMPLIED,” and offers must include the required as-is clause. No owner financing is available, and arrangements for showing are by appointment only with an agent present to walk the property.

For tenants, buyers, or operators seeking a small residential income setup, the mix of currently rented homes and on-site improvements provides multiple ways to manage operations. The property also includes room to add more mobile homes, subject to buyer due diligence and verification of all details during the process.

Key Highlights

  • 1.64 +/- acre property with 3 mobile homes (2 rented, 1 seller occupied)
  • Includes a small barn with a finished room attached
  • Metal building measuring 30' x 25' previously used as a commercial laundry

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.5k $15.60
− Vacancy −$2.5k −$0.78
EGI $48.0k $14.82
− OpEx −$21.6k −$6.67
NOI $26.4k $8.15
3,236 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$376.8K
$329.7K – $439.6K (±1% cap)
NOI $26,377 @ 7.0% cap · market cap 8.80%
Second Best
no second resolved use
Theoretical Best
Office A
$778.2K
$680.9K – $907.9K (±1% cap)
NOI $54,474 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Auto Repair Shop Storage Facility Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Three mobile homes on 1.64 acres with income-producing units plus an attached finished barn and a former laundry building.
Where is this mobile home & rv park located?
The property is located at 14119 County Road 49 Foley, AL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1.64 +/- acre property with 3 mobile homes (2 rented, 1 seller occupied); Includes a small barn with a finished room attached; Metal building measuring 30' x 25' previously used as a commercial laundry
Contact an agent
More about this property
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