USAALGrand BayMetes & Bounds12036 Henderson Camp Rd
View of yard featuring driveway | Image 1
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$400,000

12036 Henderson Camp Rd, Grand Bay, AL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $982
Days Active 67
Approx. Age 
MLS® Number 7573113

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number7573113
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/COther
Heating Fuel

Extras

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