50 County Rd Jemison, AL 35085
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 50 County Rd
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This exceptional investment opportunity presents a portfolio of 83 units encompassing a mobile home park and RV park in Jemison, Alabama. Located at 50 County Road & 4651 County Road, Chilton County, zip code 35085 (32.9695415, -86.761749), this property boasts a strong 80% occupancy rate, generating a substantial Net Operating Income (NOI) of $250,000. The asking price is $1,000,000, representing a compelling cap rate exceeding 13%. This multifamily property offers a diverse range of housing options, catering to a broad tenant base. The property's location in Jemison, Alabama provides convenient access to local amenities and transportation networks. This is a rare chance to acquire a well-established, high-performing income-generating asset in a desirable location. The auction format presents a unique opportunity for investors seeking immediate value and a potentially significant return on investment. Detailed financial statements and property information are available upon request. This is an exceptional opportunity for investors seeking a high-yield, diversified real estate portfolio. Don't miss this chance to acquire a thriving mobile home and RV park in a growing Alabama market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jemison
- County
- Chilton
- State
- Alabama
- Longitude
- -86.7617
- Latitude
- 32.9695