1120 E Laurel Ave, Foley, AL 36535
58-space mobile home park in Foley offers individually metered lots with minimal park expenses and 79% occupancy.
Property Features for 1120 E Laurel Ave
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Investment Insights
Based on property information with market context.
The property is located at 1120 E Laurel Ave in Foley, Alabama. The listing notes the opportunity for a new owner to acquire the community and potentially increase income by raising rents and fully occupying the park.
With individually metered lots and an expense-light operating model, the park’s current layout centers on maintained, tenant-serviced sites designed for mobile home living.
Key Highlights
- 58‑space mobile home park in Foley, AL
- Currently 79% occupied, with upside potential from increased occupancy
- Existing lots are individually metered, allowing water billing to be passed to tenants
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Trade Area within ½ mile
Demographics for 36535, AL
Market
Vacancy Rate% for Multifamily in South region