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Listed by WILL TAMPLING • KELLER WILLIAMS REALTY AUBURN OPELIKA
Bought with WILL TAMPLING • KELLER WILLIAMS REALTY AUBURN OPELIKA
Bought with WILL TAMPLING • KELLER WILLIAMS REALTY AUBURN OPELIKA
$ 550,000
$ 550,000
Est. payment | /mo
10,000 SqFt
$ 550,000
$ 550,000
Est. payment | /mo
10,000 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $55
MLS Listing ID 180897
Sold Date 07/03/26
HOA Y/N No
Year Built 1985
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Multi Family
Property Description
Rare investment opportunity on nearly 11 acres with a fishing pond, established rental history, and room for future growth. This income-producing mobile home park includes 1 house, 11 livable trailers, plus additional value-add opportunities including a trailer with power and water already run, another set trailer ready for cleanup and utility completion, and a tiny house that could be finished. The property has a strong tenant base, very little turnover, and consistent demand, with a waiting list of families interested in renting. Current ownership has worked hard to create a clean, stable, family-oriented community with clear expectations and reliable residents. Normal operating expenses are primarily water, trash, lawn care, and occasional gravel. Recent years show strong performance,
with 2024 and 2025 each producing approximately $89,000-$90,000 in gross income and approximately $66,000 in net income based on seller-provided records.
Additional upside may be available with at least 5-6 potential trailer sites, and possibly more depending on layout, tree clearing, and buyer plans. Seller is selling to focus on a rapidly growing lake business, creating an opportunity for the next owner to step into a stabilized park with existing income, growth potential, and a strong community foundation. Partial owner financing would be considered.
with 2024 and 2025 each producing approximately $89,000-$90,000 in gross income and approximately $66,000 in net income based on seller-provided records.
Additional upside may be available with at least 5-6 potential trailer sites, and possibly more depending on layout, tree clearing, and buyer plans. Seller is selling to focus on a rapidly growing lake business, creating an opportunity for the next owner to step into a stabilized park with existing income, growth potential, and a strong community foundation. Partial owner financing would be considered.
Location
State AL
County Tallapoosa
Area Outside Lee Co
Interior
Heating Electric
Cooling Central Air, Electric, Window Unit(s)
Fireplace No
Exterior
Parking Features Open
Utilities Available Septic Available
Amenities Available Maintenance Grounds
Building
Lot Description 10-20 Acres
Story 1
Entry Level One
Level or Stories One
Schools
Elementary Schools Dadeville Elementary
Middle Schools Dadeville Elementary
Others
Financing Cash,Seller Financing