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11630 Henderson Camp Road, Grand Bay, AL 36541

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For Sale

$449,000

10 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 10 acres
    Lot size

Explore this Property

Mobile Home Park in Grand Bay with room for expansion on 10 acres. Current cap rate of 9.8%. Property Includes 4 MHs, 1 RV Lot and a 2 bedroom, 1 bath house. One of the Mobile homes has been converted to a duplex with 1/1 studio apartment and a 2/1 with a kitchen making a total of 6 dwelling units and the rentable RV lot. The House, currently under refreshing, is bordered by large azaleas and has direct access to paved public road. Other dwellings use the private gravel drive from the main public road. There is also a maintenance shed on the property for lawn mower storage. Owner furnishes utilities and garbage service to all dwelling units. Tenants furnish their own internet or cable. Typically the park has full occupancy with a steady cash flow. Current dwellings and RV lot are on the front of the property (approx 3 Ac) leaving 7 acres for future expansion. 3- 200 amp poles plus service to house. Seller pays all utilities and maintenance. There is a 2" water main at the back of the developed 3 Ac area. Parking areas near each dwelling. Very rural setting but easy travel to local shopping.
MLS# 7505747

Courtesy Of Azalea Real Estate

(251) 865-4266

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    10 Acres

Map and Directions

Directions to 11630 Henderson Camp Road, Grand Bay, AL 36541

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(251) 967-2121
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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