Mobile Home Park with Expansion
For Sale
$299,900
14119 County Road 49, Foley, AL 36535
MULTI_FAMILY - Foley, AL
Property Size3,236 SF
Lot Size1.64 Acres
Price / SF$92.68
Days on Market123
Property Features for 14119 County Road 49
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Subdivision
Crystal Estates
Elementary school
Magnolia School
Middle school
Foley Middle
High school
Foley High
Directions
From hwy 98 go north on County Rd 49 approx 1.5 mi. turn left onto a dirt road then property is on the left. Use Waze or other navigation so you don't miss the turn onto the dirt road. Shown by appointment only. Do not wander out and walk without an agent present please.
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
Legal 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
(251) 284-6671
Listed By:
Randall Allen · License #68588
(251) 202-7057
Added: Apr 2
Changed: Jul 29
Last Checked: Aug 2 at 12:06PM
MLS# 394473
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.
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
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 36535, AL
35,484
Population
18,755
Households
1.9
Avg Household Size
46
Median Age
26%
College-Educated
90%
High-School Grad
92.5 sq mi
ZIP Area
384
Density / Sq Mi
$67,013
Median Household Income
$41,574
Median Earnings
$1,168
Median Rent
$250,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
