Mobile Home Park
Monroeville MHP
126 Whiting Dr, Monroeville, AL 36460
Listing Price: $915,000
Investment Overview
Marcus & Millichap is pleased to present Monroeville MHP, a well-maintained manufactured home park located in Monroeville, Alabama. This property consists of 30 total pads, including 16 lot rent pads, 8 tenant owned homes via rent-to-own, 3 vacant park owned homes, and 3 vacant pads. Monroeville MHP offers a solid investment opportunity in a well-located, affordable housing market with strong demand. With its low
operational costs, diverse tenant base, and room for growth, this property presents an ideal opportunity for investors seeking to capitalize on a growing market while benefiting from steady income and value appreciation.
Monroeville, located in the heart of Alabama, is a small yet vibrant city known for its strong community ties, affordable cost of living, and stable local economy. As the county seat of Monroe County, Monroeville has become a regional hub for commerce, government, and education. The city’s economy is largely driven by agriculture, manufacturing, and retail, while its proximity to larger metropolitan areas like Mobile and Montgomery adds to its appeal. With its affordable housing market and stable demand for residential properties, Monroeville MHP offers investors a prime opportunity to capitalize on the growing need for affordable housing in the region.
Monroeville MHP
Investment Highlights
- Steady Cash Flow with Diverse Tenant Mix: This diverse tenant base reduces risk and enhances the park's overall financial performance.
- Low Operating Expenses and Efficient Management: The efficient utility structure helps maximize net operating income and ensures a more hands-off management experience for investors.
- Attractive Location: Monroeville's affordable housing market, combined with its strong local economy and proximity to larger cities, makes it an ideal location for manutured housing investments.
Broker of Record
Listing Price: $915,000
Investment Highlights
- Steady Cash Flow with Diverse Tenant Mix: This diverse tenant base reduces risk and enhances the park's overall financial performance.
- Low Operating Expenses and Efficient Management: The efficient utility structure helps maximize net operating income and ensures a more hands-off management experience for investors.
- Attractive Location: Monroeville's affordable housing market, combined with its strong local economy and proximity to larger cities, makes it an ideal location for manutured housing investments.
Investment Overview
Marcus & Millichap is pleased to present Monroeville MHP, a well-maintained manufactured home park located in Monroeville, Alabama. This property consists of 30 total pads, including 16 lot rent pads, 8 tenant owned homes via rent-to-own, 3 vacant park owned homes, and 3 vacant pads. Monroeville MHP offers a solid investment opportunity in a well-located, affordable housing market with strong demand. With its low operational costs, diverse tenant base, and room for growth, this property presents an ideal opportunity for investors seeking to capitalize on a growing market while benefiting from steady income and value appreciation. Monroeville, located in the heart of Alabama, is a small yet vibrant city known for its strong community ties, affordable cost of living, and stable local economy. As the county seat of Monroe County, Monroeville has become a regional hub for commerce, government, and education. The city’s economy is largely driven by agriculture, manufacturing, and retail, while its proximity to larger metropolitan areas like Mobile and Montgomery adds to its appeal. With its affordable housing market and stable demand for residential properties, Monroeville MHP offers investors a prime opportunity to capitalize on the growing need for affordable housing in the region.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
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