Estimated payment $9,390/month
About This Home
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.
Property Details
Property Type
- Other
Lot Details
- 2.1 Acre Lot
Community Details
- 15 Buildings
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $1,500,000 | -- | -- |
Source: Greater Alabama MLS
MLS Number: 21436347
- 993 12th Ave E
- 752 12th Ave E
- 188 Dogwood St N
- 6154 Co Rd 69
- 0 Alabama 107
- 173 Shaw St
- 0 U S 43 Unit 1 21410973
- 0 County Road 69
- 4615 U S 43
- 0 County Road 54
- 2136 U S 278
- 0 Unit 11550309
- 2228 County Road 54
- 0 County Road 88 Unit 21431717
- 0 County Road 88 Unit 1
- 0 Us Hwy 43 Unit 21637688
- 0 Us Hwy 43 Unit 25-1265
- 0 Us Hwy 43 Unit 21637746
- 0 Cole Dr
- 0 Hob Ward Rd