3861 Co Rd 601, Hanceville, AL 35077

Property Description

Great Investment property!!! Mobile home park with 6 mobile homes, all mobile homes are currently rented out with 4 tenants being long term. Property has 2 acres, with the potential for more dwellings to be added. 3 units are double wide mobile homes, all with 4 bedrooms and 2 bathrooms. 3 units are single wide mobile homes, 2 that are 3 bedrooms and 2 bathrooms, one is 2 bedrooms 1 bathroom. 3 septic tanks (2 units per each tank), 2 water meters (one with 4 units and 1 with 2 units). Seller currently provides water for tenants with average monthly bills totaling $302.00. Tenants pay for power and garbage. 2 units have new HVAC systems, all HVAC units are serviced every 6 months by Richard's Electric and filters are changed monthly. Unit 3 has new metal roof. Total monthly income from rent is $4,650.00.