Investment Overview

Marcus & Millichap is pleased to present this development opportunity, Pineview MHC, a formerly existing community but currently an undeveloped 140-lot manufactured home community located on approximately 58 acres in the growing Birmingham, AL MSA. Birmingham, known as the “Magic City,” is the largest city in Alabama and a dynamic region with a rich industrial history that has evolved into a diverse economic hub featuring strong healthcare, finance, and education sectors. This potential ‘Class A’ community site is comprised of 58+ acres of fee-simple land, fully entitled for a 140-lot manufactured home community. The development has the potential to include amenities such as a clubhouse, parking, community pool, and recreational spaces, making it attractive for both permanent residents and seasonal tenants. Buyers have the flexibility to select operational models that best fit their investment strategy, whether focusing on a fully tenant-owned park or a rental community or using a mix of park-owned homes (POH) and tenant-owned homes (TOH). Situated in western Birmingham, Pineview MHC provides easy access to Interstate 22, which connects Birmingham with Memphis, enhancing accessibility and connectivity for residents. The site’s prime location offers convenient access to the Birmingham Civic Center (10 miles away), as well as local schools, parks, and a Walmart Supercenter. With its close proximity to the core of Birmingham and a robust local economy driven by nearby industrial operations, Pineview presents an excellent opportunity for a high-quality, affordable housing development.