New FOR SALE
$250,000

137 Morris Lane
Toney, AL 35773

Investment
Residence
5.24
Acre Lot
1of
Photos
Map
Courtesy: Keller Williams Realty
Greater Alabama MLS> Alabama> Toney> 35773
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.
1149065
Investment
Madison County
5.24 Acres
Water , Public Water Service
Septic
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