AL
Mobile - AL
Grand Bay
36541
0 Henderson Camp Road
0 Henderson Camp Road, Grand Bay, AL 36541
Listing Type
Multi Family
Listing Status
active
15
$400,000

Home Details for 0 Henderson Camp Road

Price
$400,000
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
4
County
Mobile - AL
Garage
Days on site
137
MLS Listing#
7475623
Listing Courtesy: Elite Real Estate Mobile - 251-725-0599
Property Description

Peaceful 3.84 Acres with Established RV/Camper Rentals in Grand Bay This serene 3.84-acre property in Grand Bay offers a unique investment opportunity with two (2)Manufactured homes, six (6) RV’s of varying age and design, and two (2) recently vacated spots for a total of ten (10) rentable spots. Water, trash pickup, electricity and internet are currently included in the space rental providing an attractive feature for tenants. Bring your own camper or RV! The property includes 7 well-maintained septic tanks that were last inspected in 2022. The power poles, each serving two tenants, are for added convenience. With a 10% cap rate, a gross income of $3,250 per month, generating $39,000 gross annually, this property offers a steady cash flow and minimal upkeep, making it a great opportunity for investors seeking a high-return, low-maintenance asset. There is still one mobile home currently vacant that rents for $1000 per month which could generate $12,000 additional gross income annually. Lastly, there are 2 other open spaces available for additional rental revenue. The current owner's goal is to net $500 per space and the park is well on its way to achieving this goal Owner financing available with acceptable terms and down payment!

Property Features
  • Utilities
    • Electricity Available
    • Sewer Available
    • Water Available
  • Waterfront and Water Access
    • None
  • Cooling Information
    • None
  • Heating Information
    • None
  • Water Features
    • Public
  • Parking
    • Varies by Unit
School Information
School Information for 0 Henderson Camp Road, Grand Bay, AL 36541
Elementary School
Cora Castlen
Middle School
Grand Bay
High School
Alma Bryant
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
EXIT REALTY LYON
759 Downtowner Loop W., Mobile, AL 36609
Office
251 450 1481
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