208 Schooner Trl, Toney, AL 35773

Incredible money maker with very low overhead. 33 developed lots with 8 more undeveloped lots. Each developed lot has its own gravel driveway, water meter, septic tank, and power pedestal. Lot rental is $150 per month, per lot. Tenants do all their own maintenance on their trailers, so maintenance and expenses are very, very low. Best cap rate of ANY multifamily investment offered in the Huntsville area! Insurance is $1000.00 per year and the policy also covers the Mount Lebanon park (MLS#1095280)