231 Multiple Hwy Laceys Spring, AL 35754

Property Details for 231 Multiple Hwy

Lot size

5.80 lot acres

Property type

Mobile home & RV parks

Property subtype

Land

Description

This exceptional commercial property, located on Highway 231 in Laceys Spring, Alabama (zip code 35754), presents a lucrative investment opportunity. The 5.8-acre lot is zoned for business use and features an established mobile home park with 18 buildings. Currently, the seller owns all but three of the mobile homes situated on the 22 available lots. Six to eight vacant lots remain, with one already equipped with a new meter, ready for immediate rental. All lots boast newly installed electric meters, ensuring efficient utility management. The property also includes three separate water meters: one for a block business building, one for the mobile home park itself, and one for a separate white home on the property. This well-maintained property offers significant potential for growth and immediate income generation, making it an attractive investment in a thriving Alabama market. Detailed financial information is available in the listing documents. The property's prime location on Highway 231 provides excellent visibility and accessibility. This is a turnkey operation with existing infrastructure and a proven rental history, presenting a rare opportunity for immediate returns and long-term appreciation. Morgan County's business-friendly environment further enhances the investment potential of this unique property.

Location Insight

City

Laceys Spring

County

Morgan

State

Alabama

Longitude

-86.5889

Latitude

34.5232