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Blueberry Mobile Home & RV Park

55+ Community / 7 miles from Gulf Coast

Listing Contacts

Active

Asking Price: $950,000
Earnest Money  Deposit: $25,000 min.

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Address 

7600 Helton Dr, Foley, AL 36535

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Date Added
Feb 21, 2025
Days on Market
58 days
Time Since Last Update
53 days

Details

Property TypeMobile Home Park, Multifamily, Senior Living
SubtypeRV Park
Investment TypeStabilized
ClassB
Square Footage142,005
Price/Sq Ft$6.69
Cap Rate5.09%
Occupancy100%
Occupancy Date02/20/2025
NOI$48,362
Units10
Pads10
Year Built2005
Buildings7
Stories1
ZoningRSF-E
Lot Size (acres)3.26
Price/Acre (Land Value)$291,411.04/acre
Parking (per unit)4
Broker Co-OpYes
APN05-61-04-20-0-000-039.000
Price/Pad$95,000
OwnershipFull
Sale ConditionFor sale by owner
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Marketing Description

Blueberry Mobile Home & RV Park presents a rare opportunity to acquire a fully occupied, cash-flowing investment property in the thriving Baldwin County market.​ Located in Foley, Alabama, this stabilized mobile home park offers long-term tenants and reliable income.​

Property Highlights:

  • 100% Occupancy – Strong rental history with stable, long-term tenants, ensuring consistent cash flow.​

  • Desirable Location – Situated in Foley, a high-growth area benefiting from Baldwin County’s economic expansion, tourism, and increasing demand for affordable housing.​

  • Low-Maintenance Infrastructure – City water and sewer connections provide reliability while minimizing owner responsibilities.​

  • Value-Add Potential – Opportunity to adjust rents to market rates, implement a utility billback system, and reduce operating costs through strategic management.​

  • Senior-Focused Community – A well-maintained, quiet living environment catering to the growing 55+ market, with easy access to healthcare, shopping, and entertainment.​

Foley, Alabama, continues to experience strong population growth, driven by its proximity to Gulf Coast attractions, expanding job market, and increasing demand for affordable housing.​ The park’s prime location ensures a steady tenant base while offering investors a chance to capitalize on rising rental demand.​

With low operational costs, room for rental rate growth, and a highly desirable market, this property provides a secure and scalable investment opportunity.​ Investors looking for a stable, income-generating asset will find Blueberry Mobile Home & RV Park to be an excellent addition to their portfolio.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,362.00
$4,030.17/mo

Valuation Metrics

0
DSCR
5.09%
Cap Rate
5.09%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

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