16191 Siena St Summerdale, AL 36580
Coastal Alabama RV Park, Great Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Rainbow Plantation RV Park, a 49.2-acre property with 119 sites, currently operates at 57% occupancy with average nightly rates of ~$11.
- Significant revenue growth potential exists by converting to a traditional rental model and increasing rates to market value ($30-$35/night).
- Strategically located 32 miles from Mobile, AL, near beaches, Foley outlets, and the Hot Air Balloon Festival, offering easy access to regional attractions.
- Existing management team ensures a smooth transition for a new owner.
- Value-add opportunities include rate increases, site upgrades (premium Wi-Fi/cable), adding cabins, and expanding onto 31 acres of undeveloped land.
Property Details for 16191 Siena St
- Property type
- Mobile home & RV parks, Campgrounds
- Year Built
- 1992
- Lot Size (sq. ft)
- 2,143,152 SF
Location Insight
- City
- Summerdale
- County
- Baldwin
- State
- Alabama
- Latitude
- 30.4612145
- Longitude
- -87.7815235
Nearby Similar for Sale
FAQs
- What type of property is this?
- Mobile home & RV park - Coastal Alabama RV Park, Great Investment
- Where is the mobile home & rv park located?
- The property is located at 16191 Siena St Summerdale, AL.
- What is the asking price?
- The asking price for this property is $4,000,000.
- What are key features of this property?
- This property features: Rainbow Plantation RV Park, a 49.2-acre property with 119 sites, currently operates at 57% occupancy with average nightly rates of ~$11.; Significant revenue growth potential exists by converting to a traditional rental model and increasing rates to market value ($30-$35/night).; Strategically located 32 miles from Mobile, AL, near beaches, Foley outlets, and the Hot Air Balloon Festival, offering easy access to regional attractions.
- 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].