6740 HIGHWAY 43

Description:

Value-add 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 pro forma cap rate of 8% 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.