Homes for sale - 0 Henderson Camp RD, Grand Bay, AL 36541

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IXL Real Estate Mobile

ixlgulfcoast@gmail.com +1(251) 265-1230

Listed by Leah Austin • Elite Real Estate Mobile

$400,000

Est. payment - /mo

4 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Metes & Bounds

MLS Listing ID 7573113

Annual Tax Amount $982

Tax Year 982

Lot Size 4.000 Acres

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!

Location

State AL

County Mobile - Al

Direction Located south of Highway 90 on Henderson Camp Rd.

Interior

Heating Other

Cooling Other

Exterior

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N true

View Trees/Woods

Roof Type Other

Building

Lot Description Irregular Lot, Level

Sewer Septic Tank

Water Public

Level or Stories One

Schools

Elementary Schools Cora Castlen

Middle Schools Grand Bay

High Schools Alma Bryant

Others

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Special Listing Condition Standard

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IXL Real Estate Mobile

Company

+1(251) 265-1230

0 Henderson Camp RD Grand Bay, AL 36541

IXL Real Estate Mobile

Key Details

Location

Interior

Exterior

Building

Schools

Others

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0 Henderson Camp RD