Valley RV & MH Park ($995,980) 7506 Hwy 49 Foley,AL36536 List Price:$995,980.00
1996 Year Built
Property Description: Land Data " 47 acres of beautiful land with towering live & water oak trees. 50 X 120 lots with natural live oaks tend to sell anywhere from $50,000 to $80,000 per lot in Baldwin County (In platted subdivisions). "The property contains 15-20 acres of wetlands. I can walk buyer through to locate. " There are two parcels 25 acres & 22 acres. "
Park Information " There are 39 park owned trailers with rent ranging from $360/mo to $550/mo (new tenants) pending on the amount of time spent at the park (Grandfathered rates). " There are 6 park owned mobile homes & 33 park owned trailers. " The owners are considering selling the homes to tenants as repairs and supplies have become excessive.
2008 rental performance has been very strong. With the addition of new managers and increase demand for affordable housing the park will approach $200,000 in gross income if the current trend remains consistent.
Location Description: This park is approximately ½ mile south of the County Road 49 & County Road 12 intersection just south of beautiful Magnolia Springs, Alabama. " The white sandy beaches of the Alabama Gulf Coast are less than 20 minutes away. Surrounding the park are numerous newly built subdivisions revealing why Baldwin County is one of the fastest growing micropolitan counties in the country. Just north, Mobile County was recently ranked as America' s fastest growing county.
