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Mobile Home Park

ZH Mobile Home Park

1991 Bell St, Montgomery, AL 36104

Listing Price: $950,000

Cap Rate
18.46%
Number of Spaces
39
Lot Size
3.20 acres
Occupancy
100.0%
Price/Space
$24,359
Spaces/Acre
12.19
Year Built
1960

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Montgomery, AL. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE ZH MOBILE HOME PARK.

Investment Highlights

  • 33 Lots with 39 rentable units 28 single family, 4 duplexes, and 1 triplex
  • Weekly Rentals
  • $45,000 in capital expenses spent on landscaping and paving roads within the past 36-months
  • Individually metered for electric

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Mobile Home Park

ZH Mobile Home Park

Listing Price: $950,000

Cap Rate
18.46%
Number of Spaces
39
Lot Size
3.20 acres
Occupancy
100.0%
Price/Space
$24,359
Spaces/Acre
12.19
Year Built
1960

Investment Highlights

  • 33 Lots with 39 rentable units 28 single family, 4 duplexes, and 1 triplex
  • Weekly Rentals
  • $45,000 in capital expenses spent on landscaping and paving roads within the past 36-months
  • Individually metered for electric

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Montgomery, AL. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE ZH MOBILE HOME PARK.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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