$550,000 Sold

2187 Rock Springs Rd #2187, Jackson's Gap, AL 36861, USA

10,000 sq ft 10 acres
Sold $550,000 on July 2, 2026
2187 Rock Springs Rd #2187, Jackson's Gap, AL 36861, USA
10,000 sq ft 10 acres
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$589,400 Estimated Value $530,460 – $648,340 Based on 6 similar sales
18 mo Absorption Rate Buyer's Market 6 active · 0.3/mo sold
93.6% List-to-Sale Ratio Sellers get close to asking
48 Avg Days on Market Normal pace

Sold for $550,000 on July 2, 2026

Est. today $589,400 +$39,400 (+7.2%)

At today's 6.5% rate with 10% down, a buyer would pay ~$3,353/mo for a home at this value.

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2187 Rock Springs Rd #2187, Jackson's Gap, AL 36861, USA

Description

Rare investment opportunity on nearly 11 acres with a fishing pond, established rental history, and room for future growth. This income-producing mobile home park includes 1 house, 11 livable trailers, plus additional value-add opportunities including a trailer with power and water already run, another set trailer ready for cleanup and utility completion, and a tiny house that could be finished. The property has a strong tenant base, very little turnover, and consistent demand, with a waiting list of families interested in renting. Current ownership has worked hard to create a clean, stable, family-oriented community with clear expectations and reliable residents. Normal operating expenses are primarily water, trash, lawn care, and occasional gravel. Recent years show strong performance, with 2024 and 2025 each producing approximately $89,000-$90,000 in gross income and approximately $66,000 in net income based on seller-provided records. Additional upside may be available with at least 5-6 potential trailer sites, and possibly more depending on layout, tree clearing, and buyer plans. Seller is selling to focus on a rapidly growing lake business, creating an opportunity for the next owner to step into a stabilized park with existing income, growth potential, and a strong community foundation. Partial owner financing would be considered.

Property Details

Property Type
Residential
Living Area
10,000 sq ft
Lot Size
10 acres
Year Built
1985
Subdivision
NONE
County
Tallapoosa
Sold Price
$550,000
Sold Date
July 2, 2026
Last List Price
$550,000
Last List Date
June 5, 2026

Price History

  1. Sold MLS# 180897 $550,000
  2. Price Reduced MLS# 180897 $550,000 -$49,000
  3. Listed MLS# 180897 $550,000

Location

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