Lakeview Estates MHP

<p>The Esterson MHC Team is pleased to present this cash-flowing, value-add with significant upside,164-unit manufactured housing community portfolio located in Phenix City, AL.​</p><p></p><p>Phenix City is the largest city in eastern Alabama and is strategically located along the Alabama-Georgia state line, directly across from Columbus.​ The economy benefits from its integration with the Columbus MSA and is anchored by Fort Benning, one of the largest military installations in the United States.​ Additional major employers include regional healthcare systems, manufacturing firms, logistics and distribution companies, retail, and education, providing a diverse and resilient employment base.​ With average apartment rents exceeding $1,150 per month, rising housing costs and limited affordable housing inventory continue to support strong demand for manufactured housing.​</p><p></p><p>The portfolio is 6 parks and 164 total MH lots, consisting of 113 tenant owned homes (TOH), 11 rented park owned homes (POH), 2 vacant park owned homes, 37 vacant manufactured housing lots, and 1 camper used as an office on a manufactured housing lot.​ The average monthly lot rental rate is $357 and the average POH rent above lot rent is $278.​ The park owned homes are an average age of 1987.​</p><p></p><p>All parks are serviced by public water, with water billed directly to tenants at Country’s MHP, and billed back to tenants at the other five.​ All parks are serviced by septic that is maintained by the landlord.​ Electricity is public and billed directly to tenants at all parks.​ Trash is serviced by curbside bins billed directly to tenants at three parks, and serviced by dumpster included in rent at the other three.​ Three parks have paved roads that are privately maintained, one is gravel and privately maintained, and one is paved and publicly maintained.​ None of the parks are in flood zones or opportunity zones.​</p><p></p><p>This portfolio presents investors with a rare opportunity to acquire a scaled manufactured housing portfolio with stable in place occupancy, substantial infill potential, and below-market average lot rents in one of East Alabama’s strongest workforce housing markets.​</p><p></p><p>This portfolio is being offered at a purchase price of $4750,000.​ All offers must include price, inspection timeline, terms, proof of funds, due diligence requirements, and relevant real estate experience.​</p>

<p><span style="color: rgba(0, 0, 0, 1)">INVESTMENT OPPORTUNITY in one of Alabama's most DESIRABLE markets! This rare offering features a 32-Unit/35-Pad Mobile Home Park situated on OVER 9</span></p><p><span style="color: rgba(0, 0, 0, 1)">ACRES in the heart of Pelham.​ The property also includes an 800+ sqft RETAIL BUILDING and a spacious 3,100+ sqft SINGLE-FAMILY HOME, creating MULTIPLE</span></p><p><span style="color: rgba(0, 0, 0, 1)">INCOME STREAMS from one asset.​ Ideally located just off Pelham Parkway with quick access to I-65, this HIGH-VISIBILITY property is minutes from premier</span></p><p><span style="color: rgba(0, 0, 0, 1)">SHOPPING, DINING, ENTERTAINMENT, healthcare facilities, and major employers.​ Nearby attractions include Oak Mountain State Park, the Pelham Civic Complex &</span></p><p><span style="color: rgba(0, 0, 0, 1)">Ice Arena (Birmingham Bulls Hockey), and Pelham's thriving retail corridor.​ Whether you're seeking IMMEDIATE CASH FLOW, a VALUE-ADD OPPORTUNITY, or</span></p><p><span style="color: rgba(0, 0, 0, 1)">PORTFOLIO EXPANSION, properties of this scale, location, and versatility are exceptionally RARE.​ Don't miss your chance to own a PREMIER INCOME-PRODUCING</span></p><p><span style="color: rgba(0, 0, 0, 1)">PROPERTY in one of the Birmingham metro area's fastest-growing communities.​</span></p><p></p>

<p>33 fixed mobile home units: (17) 3 bed/2 bath units.​ (16) 2 bed/2 bath units.​ All separately metered.​ Central heat and air.​ Septic systems.​ All units are 5 years old.​ Great location in Killen, AL</p>

<p>Country Estates Mobile Home Park</p><ul><li>​LAH Commercial Real Estate is pleased to present this 26 pad value-add mobile home park property located in the booming market of Northport, AL, a strong upper middle class suburb of Tuscaloosa, AL, less than 30 minutes from the Downtown Tuscaloosa CBD and the University of Alabama.​</li><li>​The property is situated on approximately 15.9 ± acres offering room for expansion in all facets of the park, from the additional acreage to extra space within the park.​ </li><li>​Park consists of 11 park-owned homes, 8 lot renters, 3 lease-to-own homes, and 4 vacant move-in ready pads.​ </li><li>​The landlord covers property taxes, insurance, common area power, maintenance, repairs, and pest control.​ Each unit is individually metered, allowing tenants to pay only for their own utilities.​ Lawn care and customized home buildouts are available as optional services for an additional fee.​</li><li>​Current rents are below market, offering investors significant upside potential through future rent growth in a high-demand rental market.​</li></ul><p>Country Living Mobile Home Park</p><ul><li>​In addition to the previously mentioned 26-pad value-add MHP, LAH is additionally offering this 26 pad value-add MHP property, just less than 10 minutes away from Country Estates MHP.​ </li><li>​The property is situated on approximately 18.6 ± acres also offering ample room for expansion, with smooth topography and additional space both within the existing park and on the surrounding acreage.​</li><li>​Park consists of 10 park-owned homes, 8 lot renters, 3 lease-to-own homes, and 5 vacant move-in ready pads.​ </li><li>​The landlord pays taxes, insurance, common area power, maintenance and repairs, and pest.​ All utilities are individually metered for each unit, and tenants are responsible for lawn care but the landlord will provide this service for an extra fee.​ Landlord also will customize buildout for homes on the property, at tenant’s request for additional fees.​ </li><li>​Rents are under market and demand for rental property is very high in this area, thus providing a strong value-add opportunity for outside investors.​ </li><li>​Contact broker for additional details.​</li></ul>

<h3>Marketing Description (for main listing overview)</h3><p>Entitled Mobile Home & RV Development Opportunity | Existing Cash Flow | Auburn–Lake Martin Corridor</p><p>Highland Hills Mobile Home Park offers investors a rare hybrid opportunity—an income‑producing community with fully engineered expansion potential—strategically located along U.​S.​ Highway 280 in Dadeville, Alabama, just 25 minutes from Auburn and Lake Martin.​</p><p>The property spans 44 acres and includes 18 improved mobile home sites (4 vacant for immediate lease‑up) supported by on‑site utilities and infrastructure, generating a stabilized annual income of $91,440.​ All engineering, surveys, entitlements, and utility planning for 168 total sites (143 MHP / 25 RV) are complete positioning the asset for rapid expansion with minimal additional site prep.​</p><p>With public utilities in place, an on‑site office, four park‑owned homes, and full water, sewer, and detention infrastructure installed, Highland Hills represents an excellent value‑add mobile home & RV park development in a high‑demand affordable housing market.​</p><p>Located on a major east‑west corridor, the property benefits from proximity to Auburn University, Lake Martin recreation, and major regional employers.​ The combination of current income, shovel‑ready entitlements, and growth in Alabama’s workforce housing sector makes Highland Hills an exceptional investment opportunity.​</p>

This is the largest and niciest park in the area by far. There is a high demand for daily, weekly, and monthly rentals. I have the ability to complete this park 100% for you. I can also help you manage it.