$400,000

0 Henderson Camp Road, Grand Bay, AL 36541

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Peaceful 3.84 Acres with Established RV/Camper Rentals in Grand Bay This serene 3.84-acre property in Grand Bay offers a unique investment opportunity with two (2)Manufactured homes, six (6) RV’s of varying age and design, and two (2) recently vacated spots for a total of ten (10) rentable spots. Water, trash pickup, electricity and internet are currently included in the space rental providing an attractive feature for tenants. Bring your own camper or RV! The property includes 7 well-maintained septic tanks that were last inspected in 2022. The power poles, each serving two tenants, are for added convenience. With a 10% cap rate, a gross income of $3,250 per month, generating $39,000 gross annually, this property offers a steady cash flow and minimal upkeep, making it a great opportunity for investors seeking a high-return, low-maintenance asset. There is still one mobile home currently vacant that rents for $1000 per month which could generate $12,000 additional gross income annually. Lastly, there are 2 other open spaces available for additional rental revenue. The current owner's goal is to net $500 per space and the park is well on its way to achieving this goal Owner financing available with acceptable terms and down payment! Seller willing to owner finance with full price offer. $160k down, remaining balance to be paid monthly over 3 to 5 year period (may go to 7 years) with 10% interest rate.

Listing Status:
Active
Date Added:
May 3, 2025 at 05:00AM
Listing Office:
IXL Real Estate LLC : 251-265-1230
Listing Agent:
Kennon Henderson : 251-402-0420
MLS ID:
7573113
  • A/C: Other
  • Heating: Other
  • Disability Feature: None
  • Eco/Green Feature: None
  • Parking: Varies by Unit
  • Roofing: Other
  • Windows: Aluminum Frames
  • General: Aluminum SidingMetal SidingVinyl SidingOne
  • Originating MLS: GCMLS2
  • County: Mobile - AL
  • Topography: Level
  • Zoning: 4506130000015001
  • View: Trees/Woods
  • Fencing: None
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: GCMLS2

This listing courtesy of Kennon Henderson, IXL Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Anna F. Booth Elementary School

17001 Hurricane Blvd, Irvington, AL, 36544

Grades PK-5

2.27 miles away

G

Grand Bay Middle School

12800 Cunningham Rd, Grand Bay, AL, 36541

Grades 6-8

2.96 miles away

B

Bryant High School

14001 Hurricane Blvd, Irvington, AL, 36544

Grades 9-12

2.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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