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    137 Morris Lane

    Toney, AL 35773
    • $250,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: 1149065
    UPDATED: 180 min ago
    $250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    12-Space Mobile Home Park Featuring a 10% Cap Rate w/Potential to Increase Income! This investment property includes 12 spaces: 9 mobile homes are owned by Seller, 1 space is leased to the owner-occupant of the mobile home on that space, and 2 vacant spaces allow for additional income potential. Listing price w/10% cap rate is based only on current income & not potential income that can be generated from the 2 vacant spaces! Each mobile home is separately metered w/all tenants paying all utilities. 2 Parcels: 4.9 & .34 Ac.

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    © 2020 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker of the Valley and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-26T00:27:02.513.
    www.huntsvillecoldwellbanker.com/homes/108257457
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    137 Morris Lane Toney, AL 35773

    • Price: $250,000
    • Status: Active
    • Updated: 180 min ago
    • MLS #: 1149065
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    County:
    Madison
    Area:
    Madison
    Property Description
    12-Space Mobile Home Park Featuring a 10% Cap Rate w/Potential to Increase Income! This investment property includes 12 spaces: 9 mobile homes are owned by Seller, 1 space is leased to the owner-occupant of the mobile home on that space, and 2 vacant spaces allow for additional income potential. Listing price w/10% cap rate is based only on current income & not potential income that can be generated from the 2 vacant spaces! Each mobile home is separately metered w/all tenants paying all utilities. 2 Parcels: 4.9 & .34 Ac.
    Property Features

    Lot N/A Lot Dimensions 260.5X647x415x413x131.72X237.6 Property Type Investment Water PublicSee Remarks

    Listing provided courtesy of Keller Williams Realty.


    © 2020 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker of the Valley and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-09-26T00:27:02.513.
     
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    Coldwell Banker of the Valley
    7027 Old Madison Pike Suite #102
    Huntsville AL, 35806