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Size: 2.1 Acres

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Other - GUIN, AL

Value-add Opportunity – Augusta Park Mobile Home Community Presenting Augusta Park, a 19-lot mobile home community located in the heart of downtown Guin, Alabama, directly across from the 3M manufacturing facility—a major local employer driving consistent tenant demand. The property offers a pro forma cap rate of 8% and produces a $97,600 annual NOI, with 11 homes currently tenant-occupied under lease-to-own arrangements. Featuring net leases with no CAM and public utilities, this is a low-maintenance, income-generating investment with significant upside potential. Current rents remain below market, and the addition of simple on-site amenities such as vending or laundry could further enhance returns. With strong location fundamentals and built-in growth opportunity, Augusta Park represents a stable, scalable asset in a high-demand workforce housing market.

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Source:First Street

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Source: ListHub, MLS# 21436347
Listing status: Active
Listing last updated: April 27, 2026 at 4:47 PM
Listing last checked: May 1, 2026 at 2:33 PM
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