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    14095 Hwy Crane Hill, AL 35053

    For Sale
    $275,000

    Five-unit park near Smith Lake; $275,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a five-unit mobile home park ideally situated in Crane Hill, Alabama, just five minutes from Smith Lake. The property encompasses two acres of wooded land, providing a tranquil setting perfect for a hunting and/or fishing camp. The park features five mobile homes, each fully renovated. Two of the homes measure 14x50 feet, while the remaining three are 30x20 feet. All five units boast two bedrooms and one full bathroom, offering comfortable living spaces for residents or guests. The property's convenient location near Smith Lake enhances its appeal, attracting outdoor enthusiasts. The individual mobile home addresses are: 14085, 14095, 14097, 14099, and 14105, with an additional empty lot at 14099. The park is classified as Class C and is priced at $275,000, representing a compelling investment opportunity in a desirable location. The property is located at 14095 Hwy 222, Crane Hill, AL 35053. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property's proximity to Smith Lake and its recreational opportunities makes it an attractive destination for renters. This is a rare chance to acquire a well-maintained mobile home park in a prime location.

    Property Features for 14095 Hwy

    General Information

    Property type
    Multifamily properties
    Class
    C
    Lot Size
    87,120 SF

    Building Details

    Units
    5

    HighLights

    • $275,000 asking price.
    • Five‑unit mobile home park in Crane Hill, Alabama.
    • Class C property on a 2‑acre lot.
    • Five mobile homes; two 14x50 ft and three 30x20 ft, recently renovated.
    • Located 5 minutes from Smith Lake, ideal for hunting and fishing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Crane Hill
    County
    Cullman
    State
    Alabama
    Longitude
    -87.0824045
    Latitude
    34.0519273

    Nearby Similar for Sale

    • $349,900

      Lakefront Retreat for Relaxation

      Serene lakefront property ideal for boating, fishing, and relaxation.
      155 County Road 942, Crane Hill, AL 35053
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Five-unit park near Smith Lake; $275,000
    Where is this multifamily property located?
    The property is located at 14095 Hwy Crane Hill, AL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; Five-unit mobile home park in Crane Hill, Alabama.; Class C property on a 2-acre lot.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14095 Hwy Crane Hill, AL 35053
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