0 Hwy 191, Jemison, AL 35085 | MLS 754309 | Listing Information
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0 Hwy 191, Jemison, AL 35085

Sold Price:

Date:10/06/2016
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MLS# 754309
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Last Updated: 12/7/2016 12:53 AM
Description for 0 Hwy 191 Jemison, AL 35085
Mobile Home Park with 58 lots. Gross income is $187,300/yr. CAP rate is 13.57%. 17 mobile homes are on a lease/purchase. No parked owned homes. There are also 4 large storage rooms, 2 are rented. 2 for park storage. There is a manager that will stay, if wanted and a maintenance man who is furnished a mobile home that keeps park part of property mowed, and reads water meters. Water meters are individual to each lot and the park makes money off the water. Each lot is responsible for keeping their grass mowed or the maintenance man will mow it and the tenant will be charged $40. The park is in the city limits of Jemison and has Jemison police and fire protection. DO NOT LET TENANTS KNOW THIS PROPERTY IS FOR SALE.
Price
Sold Price:

Sold Date:10/06/2016
Chilton
754309
Closed
Description
Mobile Home Park with 58 lots. Gross income is $187,300/yr. CAP rate is 13.57%. 17 mobile homes are on a lease/purchase. No parked owned homes. There are also 4 large storage rooms, 2 are rented. 2 for park storage. There is a manager that will stay, if wanted and a maintenance man who is furnished a mobile home that keeps park part of property mowed, and reads water meters. Water meters are individual to each lot and the park makes money off the water. Each lot is responsible for keeping their grass mowed or the maintenance man will mow it and the tenant will be charged $40. The park is in the city limits of Jemison and has Jemison police and fire protection. DO NOT LET TENANTS KNOW THIS PROPERTY IS FOR SALE.
Listing Information
Property Type: General Commercial, Other
30 Acres
Neighborhood
Room Information
Exterior / Lot Features
None
Mobile Ho>
Driving Directions
Take I-65 So, exit 219. Take right, go about 4 miles to Hwy 31. Turn right, go to next light, take left on Hwy 191. Go 2 miles, see mile marker 12 on left. Mobile Home Park starts at right of mile marker 12, next 3 roads.
Financial Considerations
$4,355

Jemison Real Estate

Jemison is located in Alabama. Jemison, Alabama 35085 has a population of 2,597.

The median household income in Jemison, Alabama 35085 is $42,500. The median household income for the surrounding county is $40,834 compared to the national median of $53,046. The median age of people living in Jemison 35085 is 31.9 years.

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Courtesy: Canterbury Realty Group, LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.

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