Mobile Home Park
14119 County Road 49 Foley, AL 36535
14119 County Road 49, Foley, AL, 36535
$299,900
For Sale
$299,900
1.67 acre property with mobile homes and commercial building.
Property Size3,236 SF
Lot Size1.67 Acres
Price / SF$92.68
Days on Market103
Property Features for 14119 County Road 49
General Information
- Standard status
- Active
- Size
- 3,236 SF
- Lot size
- 1.67 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1991
Listing Agency
Terri T Realty
(251) 202-7057
Listed by
Randall Allen · License #68588
(251) 202-7057
Source
Exitrealty
Added: Apr 6 Checked: Jul 15 at 9:41 pm
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 Terri T Realty
Investment Insights
Based on property information with market context.
This 1.67 acre property presents an opportunity to develop a mobile home park. Currently, the property includes three mobile homes, two of which are rented, and one occupied by the seller. Additionally, there is a barn with an attached finished room and a 30x25 commercial building. The commercial building was previously used as a commercial laundry for rental properties and contains the equipment to resume this operation, offering the option to use it or lease it out. The property offers space to add more mobile homes, potentially increasing income. The property, structures, and any included equipment are sold in as-is condition. The property size is 3236 square feet.
Key Highlights
- 1.67+/- acre property with potential for mobile home park expansion.
- Existing infrastructure includes 3 mobile homes (2 rented, 1 seller‑occupied) providing immediate income.
- Commercial building (30’X25’) with existing laundry equipment, offering business or leasing opportunity.
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
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
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 ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - 1.67 acre property with mobile homes and commercial 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: 1.67+/- acre property with potential for mobile home park expansion.; Existing infrastructure includes 3 mobile homes (2 rented, 1 seller‑occupied) providing immediate income.; Commercial building (30’X25’) with existing laundry equipment, offering business or leasing opportunity.
