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34599444
34599443

6171 Old Hwy 31, Brewton, AL 36426 For Sale

MP
TX TX 708869
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$1,100,000
4 days on market
Updated 3 days ago

Brewton RV Park

Details
APN 23-01-11-0-200-033.002
Property Type Mobile Home Park
Pads 53
Cap Rate 10.69%
NOI $117,539
Occupancy 87%
Year Built 2015
Acreage 7.000
Ownership Fee Simple

RV Park | 53 Sites

Marketing description

Brewton RV Park is a 53-site property located in Brewton, Alabama. The park was built in 2015 and sits on 7 acres, including approximately 3 undeveloped acres. Water, sewer, electric, and trash are paid by the property. Amenities include laundry facilities, a dog park, a playground, a charcoal grill, picnic tables, a gazebo, cornhole, and an ATM.

Brewton serves as the county seat of Escambia County in south Alabama, positioned along US Highway 31 near the Florida state line. Georgia-Pacific operates a containerboard mill in Brewton, the city's largest employer, with more than 400 workers producing pulp and paperboard products. The mill sits within two miles of the property along the same highway corridor. US Highway 31 stretches nearly 386 miles through Alabama and once served as the state's main north-south corridor connecting Mobile, Montgomery, Birmingham, and Decatur before Interstate 65 opened. The highway still runs directly through Brewton today. Brewton also sits at the junction of US Highway 31 and Alabama State Route 41, a north-south route connecting to Florida State Road 87 and continuing south to Milton and the Emerald Coast, placing the property along a direct path for coastal-bound travelers.

Investment highlights

  • 10%+ Day One Cap Rate
  • Operates on City Water and Septic Sewer
  • Amenities Include: Laundry, Dog Park, Playground, Wi-Fi, Horseshoe Pit, and Picnic Tables and Fire Pits
  • Located Less Than Five Miles From Georgia-Pacific's Containerboard Mill, Site of a Recent $160M Capital Improvement Project
  • Sits Along US-31 and AL-41, Two Primary North-South Arteries Feeding the Gulf Coast in the Snowbird Corridor

Listing Contacts

MP
TX TX 708869
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$117,539.00
$9,794.92/mo

Valuation Metrics

0
DSCR
10.69%
Cap Rate
10.69%
ROI

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Additional Information

Name
Eddie Greenhalgh
License
000088298-0
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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