208 Trojan Way Troy, AL 36081

This exceptional 14-unit mobile home park in Troy, Alabama, presents a compelling investment opportunity. Situated on a 3.46-acre lot at 208 Trojan Way, this property boasts 100% occupancy, generating a current Net Operating Income (NOI) of $23,100 and a 5.14% cap rate. All 14 units are single-family homes ranging from one to three bedrooms and one bathroom. The park features tenant-owned homes, significantly reducing maintenance responsibilities. City-maintained streets, city water, and sewer services (direct-billed to residents) further minimize operational overhead. Residents are responsible for maintaining their own properties. The convenient Troy location offers proximity to shopping and a local distillery. The current lot rents are below market levels, presenting a significant opportunity for increased revenue and a pro forma cap rate exceeding 12% with near-market rent adjustments. This low-maintenance property offers a strong return on investment with potential for substantial future growth. The property is located in zip code 36081.