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Mixed-Use Land for Sale in Ozark, Alabama
720 Highway 123, Ozark, AL 36360
$1,600,000
11 acres
Active
$200k drop
Est $11,441/moInvestment Opportunity! This well-maintained mobile home park features 30 spacious lots equipped with water and sewer, including 18 mobile homes--17 of which are currently rented--offering strong and stable cash flow. An additional parcel includes a fully rented 2,556 sq ft, 5-bedroom, 2-bath home, adding to the income stream. The property also boasts a barn for equipment storage and is secured within a gated community. Generating approximately $168,000 annually with a current cap rate of 7.988%, this asset presents excellent returns. Adjacent to the park are two acres of undeveloped land, along with additional land on Porter Andrews, offering significant potential for expansion or future development.
Location
- Street address
- 720 Highway 123
- County
- Dale County
- Community
- Dale
- Elevation
- 367 feet
Property details
- Acreage
- 11 acres
- MLS #
- DAR 204458
- Posted
Parcels
- 26 11 01 11 0 001 023.002
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Other
Structure
- Stories
- 1
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 24, 2025 | Price drop | $1,600,000 | $200,000 -11.1% | DAR |
| July 21, 2025 | New listing | $1,800,000 | — | DAR |
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