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    3110 Jordon Ave, Cowarts, AL 36321

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    For Sale
    $185,000

    2.19 acre mobile home park with income potential.

    Type:General Commercial
    Lot size:
    2.19 Acres
    Added:
    Jan 19, 2023
    Days on Market:
    1245
    Last Refresh:
    May 13 at 8:14 pm

    Property Features for 3110 Jordon Ave

    General Information

    Standard status
    Active
    Lot size
    2.19 Acres
    Property subtype
    General Commercial

    Building Details

    Year Built
    1990

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    Listing Contact
    Kaleigh Ard

    Listing agent Kaleigh Ard

    Listing office Berkshire Hathaway HomeServices Showcase Properties

    Listing date Jan 19, 2023

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Showcase Properties

    HighLights

    • 8.3% Cap Rate
    • $2650 Monthly Rental Income
    • 2.19 Acre Lot with Mobile Home Park
    • 8 Total Lots, with Rental Income from 7 Lots
    • 3 Park‑Owned Homes Included
    • Recent Improvements: Roof Coating, Tree Work, Interior Update

    Overview

    This 2.19-acre lot features a mobile home park with 8 lots, generating a total rental income of $2650 per month. The property includes three park-owned homes. Four lots are currently rented to long-term tenants at $200 per lot. One lot is currently vacant. The park-owned homes consist of a 1989 2-bedroom, 1.5-bath home (16 x 60) renting for $550 per month, a 1998 3-bedroom, 2-bath home (16 x 80) renting for $750 per month, and a 1995 2-bedroom, 1-bath home (16 x 60) renting for $550 per month. The cap rate is 8.3. Improvements to the property include new cool coating on the roofs, tree clearing and trimming, and an updated interior in the 1995 home. The property is located in Cowarts, Alabama.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cowarts
    County
    Houston
    State
    Alabama
    Longitude
    -85.301626
    Latitude
    31.200181

    FAQs

    What type of property is this?
    Mobile home & RV park - 2.19 acre mobile home park with income potential.
    Where is this mobile home & rv park located?
    The property is located at 3110 Jordon Ave Cowarts, AL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 8.3% Cap Rate; $2650 Monthly Rental Income; 2.19 Acre Lot with Mobile Home Park
    (334) 792-7474
    We can help!
    Listing Contact
    Kaleigh Ard
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