863 Lee Road 234, Phenix City, AL 36870

Phenix City
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
863 Lee Road 234,Phenix City, AL 36870
$2,150,000
  • - Beds
  • - Baths
  • 25,000 sq. ft.
  • Multi-family
  • Active
Listed by: drew lekowski, tony puglisi
Office: mrg realty partners
MLS#:3261932
Source:NASHVILLE

Price summary

  • Price:$2,150,000
  • Price per sq. ft.:$86

About this home

https://pineviewmobilehomeparks.sharplaunch.com/ MRG is pleased to present the Pineview MHP Portfolio, a 52-pad manufactured housing portfolio spanning five properties across Phenix City, Alabama, and Ellaville, Georgia. This portfolio offers a compelling combination of immediate in-place cash flow and significant value-add potential through the lease-up of vacant pads and the opportunity to increase below-market rents over time as units turn. Recent capital improvements have reduced near-term deferred maintenance needs, allowing a new owner to focus on operational execution and revenue growth. Spanning two states, the portfolio provides geographic diversification while offering an attractive basis for a multi-property acquisition with both stable income and meaningful upside. Value-add lease-up opportunity — approximately 10 of 52 pads are currently vacant or under-utilized, offering meaningful upside as they're brought online Wide rent spread across occupied units...

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Home facts

  • Year built:2001
  • Subdivision & Development:None
  • Listing ID #:3261932
  • Added:50 day(s) ago
  • Updated:August 26, 2026 at 02:24 PM

Rooms and interior

  • Living area:25,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2001
  • Building area:25,000 sq. ft.
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Auburn High School
  • Middle school:Auburn Junior High School
  • Elementary school:Auburn Early Education Center

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,150,000
  • Price per sq. ft.:$86
  • Tax amount:$9,010
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