Manufactured Home Rental
2495 Decatur Rd Cottonwood, AL 36320
New
For Sale
$285,000
MULTI_FAMILY - Cottonwood, AL
Property Size1,680 SF
Lot Size4.52 Acres
Price / SF$169.64
Days on Market4
Property Features for 2495 Decatur Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
13
Bathrooms
8
Rooms
Bedroom 9, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 10, Bathroom 6, Bedroom 8, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 11, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 8, Bedroom 3, Bedroom 13, Bathroom 7, Bedroom 12
Parking features
Carport
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
Standard status
Active
APN
19-09-31-0-000-001.002
Size
1,680 SF
Lot size
4.52 Acres
Utilities
Sewer type
Septic Tank
Water source
Public
Water front features
Waterfront
Building Details
Year built
1983
Floors in Building
1
Flooring type
Vinyl, Carpet
Listing Agency:
Keller Williams Southeast Alabama
(334) 702-3595
Listed By:
Megan Rhodes · License #115210
(334) 714-2318
Added: Jul 27
Last Checked: Jul 30 at 9:06AM
MLS# 214027
Copyright © 2026 Southeast Alabama Association of 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 turnkey manufactured home rental portfolio includes four homes on a total of 4.52 acres in Cottonwood, AL. The package consists of three double-wide manufactured homes and one single-wide, located at 2400, 2495, 2510, and 2521 Decatur Road. All four units are currently occupied and generating rental income.
Several homes have recent updates, and two have been fully renovated. The homes are spread across four parcels, and the acreage provides additional pad space for future home placement, offering room to expand the rental portfolio over time.
The offering is sold as a single package and is designed to provide immediate, income-producing occupancy while retaining the site capacity to add units in the future.
Several homes have recent updates, and two have been fully renovated. The homes are spread across four parcels, and the acreage provides additional pad space for future home placement, offering room to expand the rental portfolio over time.
The offering is sold as a single package and is designed to provide immediate, income-producing occupancy while retaining the site capacity to add units in the future.
Key Highlights
- 4 manufactured homes (3 double‑wide, 1 single‑wide) on 4.52 total acres across 4 parcels
- 100% occupied with current rental income at 2400, 2495, 2510, and 2521 Decatur Road in Cottonwood, AL
- Two homes have been fully renovated, with recent updates throughout the portfolio
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 | $17.7k | $10.56 |
| − Vacancy | −$1.0k | −$0.61 |
| EGI | $16.7k | $9.95 |
| − OpEx | −$7.5k | −$4.48 |
| NOI | $9.2k | $5.47 |
1,680 SF · lease $10.56/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$131.3K
$114.9K – $153.2K
NOI $9,192 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$296.9K
$259.8K – $346.4K
NOI $20,786 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Four manufactured homes on 4.52 acres are 100% occupied and currently generating rental income.
Where is this mobile home & rv park located?
The property is located at 2495 Decatur Rd Cottonwood, AL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 4 manufactured homes (3 double‑wide, 1 single‑wide) on 4.52 total acres across 4 parcels; 100% occupied with current rental income at 2400, 2495, 2510, and 2521 Decatur Road in Cottonwood, AL; Two homes have been fully renovated, with recent updates throughout the portfolio
