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    8 Horizon St Rainbow City, AL 35906

    For Sale
    $650,000

    Other - RAINBOW CITY, AL

    Lot size:
    1.50 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 8 Horizon St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Lot size
    1.50 Acres

    Building Details

    Architectural style
    Other

    Premier Vestavia, LLC (205) 397-6500 [email protected]

    Listing agent Jason Koenig (205) 397-6500

    Listing date Oct 29, 2025

    MLS# 21435422 Listing URL

    Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Horizon Place Mobile Home Investment

    This is an investment opportunity featuring a 10-lot mobile home assemblage within the Horizon Place community in Rainbow City, Alabama. The property offers a 10% cap rate and $65,620 in annual net operating income. There are 8 tenant-occupied, lease-to-own homes with net leases and no common area maintenance, which minimizes management responsibilities and ensures stable income. The property is fully serviced by public utilities. A waiting list of qualified tenants demonstrates strong ongoing demand. The property is located minutes from major industrial employers and a Publix grocery store. The 1.5-acre property is zoned for residential use. This assemblage combines dependable cash flow with upside potential through rent adjustments currently below market levels. It is an ideal addition for investors seeking turnkey income and long-term growth in a thriving regional market.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.040043
    Latitude
    33.975263

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    FAQs

    What type of property is this?
    Mobile home & RV park - 10-lot mobile home investment in Rainbow City, Alabama.
    Where is this mobile home & rv park located?
    The property is located at 8 Horizon St Rainbow City, AL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Solid 10% Cap Rate and $65,620 Annual NOI; - 8 Tenant-Occupied, Lease-to-Own Homes with Net Leases; - Minimal Management Responsibilities (No CAM)
    (205) 397-6500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8 Horizon St Rainbow City, AL 35906
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