4565 US HWY 278 W Cullman, AL 35057

Building Details

Year Built

2002

Listing Agency The MHP Broker

Listed by Maxwell Baker · License #GA 335885

Source Crexi

Added: May 18 Checked: Jul 15 at 8:53 am

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Investment Insights

Based on property information with market context.

Lakeview Estates Mobile Home Park, located in Cullman County, Alabama, features 15 lots on 10 acres. The property is a stabilized, turn-key mobile home park with tenant-owned homes and 100% occupancy. The park benefits from a strong local economy, steady population growth, and regional connectivity between Birmingham and Huntsville along the I-65 corridor. Lot rents are $350 per month. Tenants have maintained residency for over 5 years on average. The property includes a large storage shed that offers an opportunity to generate additional revenue. The infrastructure includes city water that is directly billed to tenants and septic systems on a one-to-one ratio. Tenants are responsible for landscaping and trash. City-maintained roads limit the owners' maintenance obligations. The property presents an opportunity for investors seeking a stable, low-maintenance property with consistent cash flow and potential for incremental upside.

Key Highlights

• 100% Occupancy: Stabilized, turn‑key mobile home park with all 15 lots occupied.
• Consistent Cash Flow: Strong operational performance with stable lot rents at $350/month.
• Low‑Maintenance: Tenants responsible for landscaping and trash.

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FAQs

What type of property is this?

Mobile home & RV park - Stabilized mobile home park in Cullman, Alabama, 100% occupied.

Where is this mobile home & rv park located?

The property is located at 4565 US HWY 278 W Cullman, AL.

What is the asking price?

The asking price for this property is $599,000.

What are key features of this property?

This property features: 100% Occupancy: Stabilized, turn‑key mobile home park with all 15 lots occupied.; Consistent Cash Flow: Strong operational performance with stable lot rents at $350/month.; Low‑Maintenance: Tenants responsible for landscaping and trash.