4560 West lott road Eight Mile AL 36613
6 Pad Mobile Home Park on 4.66 Acres. Add value with 7 pads!!!!
Marketing description
4.66 flat acres and majority cleared with 6 income producing units with the option to add 7 additional units at the entrance. Asphalt driveway all the way to the back of the property where the 6 units start. Power poles for electrical (separately metered for each tenant) and water lines (landlord $200/monthly) are strung out to the rear of the property. Strong in place cashflow @ an average of $750 per unit with a gross monthly amount of $4,450 per month. Taxes are $1500 as of 2025. Low operating overhead with the dumpster fee of $180 per month which could convert to eliminate by requiring each tenant to get individual city cans. Each unit has its own septic system.
Investment highlights
-4.66 acres
-Value add (7 units)
-Taxes ($1500 annually)
-6 units cash flowing day 1
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