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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/mo

Investment 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
Community
Dale
Elevation
367 feet
Coordinates
31.4189, -85.6155

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

DateEventPriceChangeSource
July 24, 2025Price drop$1,600,000$200,000 -11.1%DAR
July 21, 2025New listing$1,800,000DAR
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This 11-acre property is located at 720 Highway 123 in Ozark, AL 36360. The property is available for sale for $1,600,000 with a price per acre of $145,455.

Checked 49 mins ago — Updated

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