For Sale
$63,000

500 Old Montgomery Rd Selma, AL 36703

Six-lot mobile home park, high yield potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 1.75-acre mobile home park in Selma, Alabama, located at 500 Old Montgomery Rd, zip code 36703. The property boasts six individual mobile home lots, each separately metered for both power and water, maximizing efficiency and revenue potential. Currently, one lot is occupied and generating rental income

Highlights

  • Exceptional investment opportunity: Six-lot property, one lot currently rented (tenant occupied; do not disturb). Seller does not own the mobile home. Cap rate exceeds 1%.
  • Prime location with high rental demand.
  • Strong cash flow potential.
  • Excellent ROI.

Property Details for 500 Old Montgomery Rd

Property type
Specialty properties
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Selma
County
Dallas
State
Alabama
Latitude
32.395554
Longitude
-87.012583

FAQs

What type of property is this?
Specialty property - Six-lot mobile home park, high yield potential.
Where is the specialty property located?
The property is located at 500 Old Montgomery Rd Selma, AL.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Six-lot property, one lot currently rented (tenant occupied; do not disturb). Seller does not own the mobile home. Cap rate exceeds 1%.; Prime location with high rental demand.; Strong cash flow potential.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
500 Old Montgomery Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message