6740 HIGHWAY 43 #1-19 Active Save Request In-Person Tour Request Virtual Tour
Guin,AL 35563
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21436347
Lot Size 2.100 Acres
Property Sub-Type Other
Property Description
Investment Opportunity – Augusta Park Mobile Home Community Presenting Augusta Park, a 19-lot mobile home community located in the heart of downtown Guin, Alabama, directly across from the 3M manufacturing facility—a major local employer driving consistent tenant demand. The property offers a 6.5% cap rate and produces a $97,600 annual NOI, with 11 homes currently tenant-occupied under lease-to-own arrangements. Featuring net leases with no CAM and public utilities, this is a low-maintenance, income-generating investment with significant upside potential. Current rents remain below market, and the addition of simple on-site amenities such as vending or laundry could further enhance returns. With strong location fundamentals and built-in growth opportunity, Augusta Park represents a stable, scalable asset in a high-demand workforce housing market.
Location
State AL
County Marion
Area Marion County
Building
Sewer Connected
Water Public Water
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/bham/21436347