Established in 2015, designed & set up for 24 mobile homes, with 8 units currently in place. Each unit has its own power & water meter. Sewage engineering has been completed & calls for One septic system per two homes, however each septic system consists of two septic tanks with field lines. Each home sits on approximately 1/2 acre providing lawn space for the tenants. Water and power are in place for a total of 16 spaces. Current leases are 12 months and total monthly rents are $4620. Two of these are 'Rent to Own" with maturity dates in 2024 and 2023. Great Potential For Significant Income Growth. Property can also be purchased as part of adjacent commercial building . See MLS #529891 for more details.
From Brewton, Al Take US Hwy 31 South, two miles past Brewton city limits. Property will be on the right at the intersection of Old Hwy 31 & US Hwy 31.