This 2.19 Acre lot hosts a mobile home park with 8 lots totaling current rental income of $2650 a month. 3 homes are park owned. 4 lots are currently rented at $200/lot with long term tenants, and there is one lot currently vacant. There is a 1989 2 bed 1.5 bath 16 x 60 home renting for $550/month, 1998 3 bed 2 bath 16 x 80 renting for $750/month, & 1995 2 bed 1 bath 16 x 60 renting for $550/month. Cap rate is 8.3. Improvements have been made to the property including new cool coating on roofs, tree clearing/trimming, updated interior in 1995 home.
Nice office warehouse with customer counter. Frontage on east Highway 84 with approximately 16,000 traffic count. Loft area for storage. Concrete slab. Roll up door.
Cowarts is located in Alabama. Cowarts, Alabama has a population of 2,196. Cowarts is less family-centric than the surrounding county with 25.49% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Cowarts, Alabama is $52,042. The median household income for the surrounding county is $50,222 compared to the national median of $69,021. The median age of people living in Cowarts is 37.9 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 54.6 inches per year, with 0.1 inches of snow per year.
