MH PARK IN GRAND BAY Rare 10-Acre Income Property with Massive Expansion Potential – 15% CAP Rate Exceptional investment opportunity in the strategic Grand Bay corridor, perfectly positioned between the Mobile and Pascagoula industrial hubs. This stabilized, 100% occupied asset sits on 10 total acres and currently generates a high-yield 15% CAP rate. Diversified rental mix, including four mobile homes, one RV pad, and a newly renovated 3BR/2BA single-family residence. While the existing footprint provides immediate, steady cash flow, there are 7 additional unrestricted acres. This surplus land offers significant "value-add" potential for park expansion, additional pads, or RV Park. Property is being sold as a stabilized income-producer with a proven track record of high occupancy and low turnover. Located with easy access to I-10 and major regional employers. Financials (T12 and Rent Roll) are available to qualified buyers upon request.
Active
$329,000
11630 Henderson Camp Rd, Grand Bay, AL 36541
--beds
0baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 385 days |
- 344 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: 14 hours ago
Listed by:
Bobby Boudreaux 251-455-6895,
Azalea Real Estate Agency,
Aleta Boudreaux 251-656-4576,
Azalea Real Estate Agency
Source: GCMLS,MLS#: 7505747
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Window Unit(s)
Features
- Flooring: Other
- Windows: None
Video & virtual tour
Property
Parking
- Parking features: Varies by Unit
Accessibility
- Accessibility features: None
Features
- Levels: One
- Fencing: None
- Has view: Yes
- View description: Rural
- Waterfront features: None
Lot
- Size: 10 Acres
- Features: Wooded, Other
Details
- Parcel number: 4501120000043
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Composition,Metal,Other
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available, Other
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Subdivision: Metes & Bounds
Location
- Region: Grand Bay
Financial & listing details
- Tax assessed value: $138,800
- Annual tax amount: $1,346
- Date on market: 1/6/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,053/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Listed for sale | $329,000 |
Source: | ||
| 12/8/2025 | Listing removed | $329,000 |
Source: | ||
| 11/9/2025 | Price change | $329,000-5.7% |
Source: | ||
| 10/13/2025 | Price change | $349,000-2.8% |
Source: | ||
| 8/12/2025 | Price change | $359,000-10% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,346 +8.9% | $27,760 +8.9% |
| 2023 | $1,236 | $25,480 |
| 2022 | $1,236 +15.7% | $25,480 +15.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,860/mo
Principal & interest
$1602
Property taxes
$143
Home insurance
$115
Climate risks
Neighborhood: 36541
Nearby schools
GreatSchools rating
- 9/10Cora Castlen Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 5/10Grand Bay Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Alma Bryant High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Cora Castlen
- Middle: Grand Bay
- High: Alma Bryant
Source: GCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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