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137 Morris Lane

Toney, AL 35773
  • $749,900
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 1817420
Price Reduced
UPDATED: 218 min ago
$749,900
  • 0
    BEDS
  • 5.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent income producing investor property on 5.32 +/- acres! This 12 space mobile home park is just minutes from the Toyota plant in Sparkman school district. Features 9 mobile homes, 1 lot lease and 2 additional vacant (underdeveloped) spots for potential additional income. The property currently has a yearly income of $58,500. The tenants pay their own water and electricity. All tenants are on a month-to-month lease and all rents are below market value. This property consists of 2 parcels include 137 Morris and 157 Morris. Units range from 2019 to 1986 year models.

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© 2022 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Remax Distinctive 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 2022-10-03T00:27:42.453.
www.rebeccalowrey.com/homes/132720177
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137 Morris Lane Toney, AL 35773

  • Price: $749,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 218 min ago
  • MLS #: 1817420
0
Beds
0
Baths
0
½ Baths
5.32
Acres
Neighborhood:
Metes And Bounds
County:
Madison
Area:
Madison
Elementary School:
Madison Cross Roads
Middle School:
Sparkman
High School:
Sparkman
Property Description
Excellent income producing investor property on 5.32 +/- acres! This 12 space mobile home park is just minutes from the Toyota plant in Sparkman school district. Features 9 mobile homes, 1 lot lease and 2 additional vacant (underdeveloped) spots for potential additional income. The property currently has a yearly income of $58,500. The tenants pay their own water and electricity. All tenants are on a month-to-month lease and all rents are below market value. This property consists of 2 parcels include 137 Morris and 157 Morris. Units range from 2019 to 1986 year models.
Exterior Features

Parking Features Private

Interior Features

Building Area Total 9776 Heating YN No

Property Features

City Limits No Property Condition Unknown Property Sub Type Multi Family Sewer Septic Tank Water Source Public

Listing provided by Re/Max Legacy: 256-230-1113.


© 2022 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Remax Distinctive 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 2022-10-03T00:27:42.453.
 
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