3110 Jordon Ave Cowarts, AL 36321
- Mobile home & RV parks
- 2.29 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 3110 Jordon Ave
- Year built
- 1990
- Lot size
- 2.29 lot acres
- Property type
- Mobile home & RV parks
- APN
- 10-07-26-4-006-002-000
- APU
- 1007264006002000
Description
This exceptional investment opportunity presents a 3-acre mobile home park in Cowarts, Alabama, generating substantial rental income. The property boasts eight lots, with four currently leased at $200 per month each to long-term tenants, and one vacant lot ready for immediate income generation. Three mobile homes are owned by the park: a 1989, two-bedroom, 1.5-bathroom home (16x60) renting for $550 per month
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $260,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $215,000
- Mixed-Use
- $240,000
- Hospitality
- $235,000
- Educational
- $265,000
- Residential Income
- $210,000
- Energy
- $270,000
- Income-Based Land
- $275,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Cowarts
- County
- Houston
- State
- Alabama
- Longitude
- -85.3011
- Latitude
- 31.1997
- CBSA code
- 20020
- CBSA name
- DOTHAN, AL METROPOLITAN STATISTICAL AREA