MH PARK IN GRAND BAY Rare 10-Acre Income Property with Massive Expansion Potential – 15% CAP Rate
Exceptional investment opportunity in the strategic Grand Bay corridor, perfectly positioned between the Mobile and Pascagoula industrial hubs. This stabilized, 100% occupied asset sits on 10 total acres and currently generates a high-yield 15% CAP rate.
Diversified rental mix, including four mobile homes, one RV pad, and a newly renovated 3BR/2BA single-family residence. While the existing footprint provides immediate, steady cash flow, there are 7 additional unrestricted acres. This surplus land offers significant "value-add" potential for park expansion, additional pads, or RV Park.
Property is being sold as a stabilized income-producer with a proven track record of high occupancy and low turnover. Located with easy access to I-10 and major regional employers. Financials (T12 and Rent Roll) are available to qualified buyers upon request.
Property Features
Utilities
Cable Available
Electricity Available
Water Available
Other
Cooling Information
Ductless
Electric
Window Unit(s)
Heating Information
Other
Water Features
Public
Parking
Varies by Unit
School Information
School Information for 11630 Henderson Camp Road, Grand Bay, AL 36541
Elementary School
Cora Castlen
Middle School
Grand Bay
High School
Alma Bryant
Listing Courtesy: Azalea Real Estate Agency - 251-865-4266