8 Horizon Street # 8,15,16,17,33,34,38,49,50,60 Rainbow City, AL $ 650,000
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60
$ 650,000
Share Save

8 Horizon Street # 8,15,16,17,33,34,38,49,50,60

Rainbow City, AL, 35906
$ 650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,055

8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 1
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 2
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 3
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 4
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 5
8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL 35906 - Image 6
View a Virtual Tour

Commercial Property for sale in Rainbow City, AL

for $650,000. The lot size is 1.5.

Investment Opportunity – Horizon Place Mobile Home Assemblage Discover a rare 10-lot mobile home investment within the established Horizon Place community in Rainbow City, Alabama—offering a solid 10% cap rate and $65,620 in annual NOI. This well-performing asset features 8 tenant-occupied, lease-to-own homes with net leases and no CAM, minimizing management responsibilities and ensuring stable income. The property is fully serviced by public utilities and benefits from a standing waiting list of qualified tenants, demonstrating strong ongoing demand. Located just minutes from major industrial employers and a Publix grocery store, this assemblage combines dependable cash flow with upside potential through rent adjustments currently below market levels. An ideal addition for investors seeking turnkey income and long-term growth in a thriving regional market.

See more

Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.5

Town/City

Rainbow City

County/Region

Etowah

MLS | Web ID

21435422

Features
General
Development Status Existing
Zoning Residential
Water Public Water
Status Active Active
Year Built 0
County Etowah
Class COMMERCIAL
Type Other
Unit Number 8 15 16 17 33 34 38 49 50 60
Building Name Horizon Place Mobile Home Park
Subdivision AL
Sale/Rent For Sale
Status Detail 0
Area Altoona Susan Moore Etowah Cou
Primary City Rainbow City
Virtual Tour https://www.propertypanorama.com/instaview/bham/21435422
City RAINBOW CITY
Fees Other
Financing Cash
Legal Description H/S BASE YEARLT 34 HORIZON PLACE PLAT J-18 RAINBOW CITY20-12-61385-21 1422-923 1485-231 D-2010-3337693 D-2016-3436601(ROS)D-2022-3534438
DOM 65
Postal Code 35906
Price Per Sq Ft Total AG 1
See more
Exterior
Number of Buildings 9
Lot Size Area 1.5
Parcel Access Paved Road
See more
* Excluded Features
List By
Keller Williams Realty Vestavia

Broker

jason.koenig@kw.com

Email

Affordability Calculator

$4,055
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
579031 Elementary School
579439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$650,000 Listed Price

Map


See all

8 Horizon Street # 8,15,16,17,33,34,38,49,50,60, Rainbow City, AL, 35906 is a Commercial Property for sale at $650,000 with a lot size of 1.5. The property's zip code is 35906 which is in Rainbow City, AL