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11630 Henderson Camp Road, Grand Bay, AL 36541
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$329,000
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Home Details for 11630 Henderson Camp Road
Price
$329,000
Type
Multi Family
Lot Size
10
County
Mobile - AL
Tax
$1,346
MLS®️ Listing#
7505747
On exitrealty.com
382 days
Property Description
MH PARK IN GRAND BAY -High-Yield Value-Add Opportunity: 15% CAP Rate with 7-Acre Expansion Potential in Grand Bay, AL (Mobile/Pascagoula Growth Corridor) Secure immediate, stabilized cash flow with this high-performing 10-acre residential asset. Currently operating at a 15% CAP rate, the property features a mix of four mobile homes, one RV pad, and a newly renovated 3BR/2BA SFR—all fully occupied with a proven track record of stability.
While the existing footprint provides a defensive, 'turn-key' income stream, the remaining 7 acres of land offers an aggressive value-add play for significant expansion, additional pads, or development. Situated in the strategic Grand Bay corridor between Mobile and Pascagoula, this property is perfectly positioned to capture the region's rising demand for affordable housing and workforce rentals. T12/Rent Roll available to qualified buyers.
- Utilities
- Cable Available
- Electricity Available
- Water Available
- Other
- Cooling Information
- Ductless
- Electric
- Window Unit(s)
- Heating Information
- Other
- Water Features
- Public
- Parking
- Varies by Unit
School Information
School Information for 11630 Henderson Camp Road
Elementary School
Cora Castlen
Middle School
Grand Bay
High School
Alma Bryant
Listing Courtesy: Azalea Real Estate Agency - 251-865-4266
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Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
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$329,000
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