Park Place MHP

Please see the materials attached describing this redevelopment opportunity in Orange Beach, Alabama, in fast growing Baldwin County. The Beech family has owned and operated this 24-acre RV/Mobile Home Park for decades and is now accepting offers to purchase. The current zoning of this property allows for up to 200 RV pad sites accessible to the beaches and state parks by both pedestrian pathways and by vehicular travel. Financial information is available upon request. Buyer to verify all information during due diligence. Additional Information: https://www.srsa-realestate.com/listings/Orange-Beach-Beech-RV-Park-Sale/

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. 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. 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. 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. 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. 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.

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 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 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 SHOPPING, DINING, ENTERTAINMENT, healthcare facilities, and major employers. Nearby attractions include Oak Mountain State Park, the Pelham Civic Complex & Ice Arena (Birmingham Bulls Hockey), and Pelham's thriving retail corridor. Whether you're seeking IMMEDIATE CASH FLOW, a VALUE-ADD OPPORTUNITY, or PORTFOLIO EXPANSION, properties of this scale, location, and versatility are exceptionally RARE. Don't miss your chance to own a PREMIER INCOME-PRODUCING PROPERTY in one of the Birmingham metro area's fastest-growing communities.

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

The Esterson MHC Team is pleased to present Hidden Acres MHP, a 200-lot manufactured housing community located at 4915 US Highway 80 in Selma, Alabama, the seat of Dallas County. The community is currently 14% occupied with 155 vacant mobile home lots available for infill. Hidden Acres is offered as a basis play at $14,500 per lot — the buyer acquires a fully platted, publicly served community with the value creation ahead of it rather than embedded in the current rent roll. Hidden Acres features 200 capitalized lots, zoned and approved for MH or RVs, providing flexible site utilization. The community includes 13 tenant-owned homes (TOH), 15 rented park-owned homes (POH), 17 vacant POH and 155 vacant lots. The average lot rent is $269 per month across all occupied units, with actual TOH lot rent averaging $246 and POH rent averaging $772. There are no RTO contracts. Two of the 32 park-owned homes were built in 2023; the remaining 30 have an average year built of 1995. The community operates on public water and public sewer with an on-site sewer pump. Curbside trash is in place. Utility billback has only just been implemented — currently on 3 tenants for water and 9 for trash. A full billback rollout is an immediate and controllable NOI swing independent of any lease-up. The park is not reported in a flood zone. Selma anchors the Selma, AL micropolitan area approximately 44 miles west of Montgomery on the US-80 corridor. The market’s dominant employer is International Paper’s Riverdale Mill, the largest employer in Dallas County at roughly 800 employees. Selma’s median household income of $33,197 and a 54% renter share define a market where the manufactured housing lot is the lowest-cost detached housing option available. Hidden Acres MHP is being offered at a purchase price of $2,900,000. Investors may achieve meaningful upside by infilling vacant sites, stabilizing POH occupancy, gradually increasing rents toward market levels, and improving utility expense recapture. All offers should include price, inspection timeline, terms, proof of funds, due diligence requirements, and relevant real estate experience.

Country Estates Mobile Home Park • 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. • 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. • Park consists of 11 park-owned homes, 8 lot renters, 3 lease-to-own homes, and 4 vacant move-in ready pads. • 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. • Current rents are below market, offering investors significant upside potential through future rent growth in a high-demand rental market. Country Living Mobile Home Park • 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. • 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. • Park consists of 10 park-owned homes, 8 lot renters, 3 lease-to-own homes, and 5 vacant move-in ready pads. • 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. • 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. • Contact broker for additional details.