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Outstanding Investment Opportunity in the Heart of Foley!Rare chance to own a high-income investment property on one lot with multiple rental units. The property includes a 3 bedroom, 2 bath mobile home offering approximately 1,480 sq ft, featuring LVP flooring throughout, a 4-year-old roof, and an HVAC system approximately 10 years old. The home sits on a large, privacy-fenced yard, providing space and separation between units. In addition to the mobile home, the property features two detached cabin rentals located at the rear of the lot. One cabin is a studio apartment currently renting for $1,000 per month. The second cabin is currently rented and will be vacant on 1/1/26, offering flexibility for continued rental income or personal use. With some light rehab, the mobile home could further increase rental value. Combined rental potential for all three units is estimated at $3,500 per ...
Outstanding Investment Opportunity in the Heart of Foley!Rare chance to own a high-income investment property on one lot with multiple rental units. The property includes a 3 bedroom, 2 bath mobile home offering approximately 1,480 sq ft, featuring LVP flooring throughout, a 4-year-old roof, and an HVAC system approximately 10 years old. The home sits on a large, privacy-fenced yard, providing space and separation between units. In addition to the mobile home, the property features two detached cabin rentals located at the rear of the lot. One cabin is a studio apartment currently renting for $1,000 per month. The second cabin is currently rented and will be vacant on 1/1/26, offering flexibility for continued rental income or personal use. With some light rehab, the mobile home could further increase rental value. Combined rental potential for all three units is estimated at $3,500 per month, making this an exceptional cash-flow opportunity that far exceeds the 1% rule. A truly unique property offering strong income potential, flexibility, and long-term value—all in a convenient Foley location. Must see to fully appreciate. Schedule your showing today! Buyer to verify all information during due diligence.
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