Trojan Way MHP

Trojan Way MHP | Troy, AL

Sands Investment Group is Pleased to Exclusively Offer For Sale the Trojan Way MHP Located at 208 Trojan Way in Troy, AL. This Deal Includes a 14 Unit Park With Current Lot Rents Well Below Market Levels and a Pro Forma Cap Rate of 12% + at Near Market Rent Rates. Tenant Maintained Mobile Homes and City Maintained Infrastructure Provide Operational Advantages Over Other Parks.

  • Upside in Rent Increases Near Market Levels Produce a 12% + Cap Rate
  • 13 Lots Occupied By All TOH (Tenant Owned Homes)
  • 1 – 3BR / 1 BA Single Family Homes
  • Low Maintenance Property
  • City Maintained Street
  • City Water and Sewer Direct-Billed
  • Residents Clean Their Own Space
  • All Tenant Owned Mobile Homes – Homes and Lots Maintained at Tenants Cost
  • Convenient in Town Troy Location With Shopping and Distillery Nearby

BoR: Andrew Ackerman – Lic. AL #1089690

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Aaron’s Absolute NNN Lease

Aaron’s | Troy, AL

Sands Investment Group is Pleased to Present Exclusively For Sale the 9,000 SF Aaron’s Absolute NNN Lease Located at 105 Scouting Circle In Troy, Alabama. This Property Features Absolute Triple Net (NNN) Lease and 5% Rent Bumps Every Five Years, Providing For a Unique Investment.

  • This Property Features 5% Rent Bumps Every Five Years and 4 x 5 Year Option
  • Leased to HPH Investments LLC, Whose Principal is Michael Hickey, the Former VP of Development at Aaron’s Corporate;  HPH Investments LLC is a 6-Unit Operator of Aaron’s Throughout the Nation
  • Freestanding Building With No Landlord Responsibilities Providing For an Excellent 1031 Opportunity
  • Aaron’s is a Leader in Lease-to-Own Furniture, Appliances and Electronics Which Operates 1,300+ Company Operated and Franchised Stores
  • This Property is Located Next to Zaxby’s, Hook’s BBQ, Walmart Supercenter and Across the Street From Lowe’s
  • This Property is Located Off of Route 231, Which is the Main Route Through Troy and Near the Regional Hospital, Providing Over 30,000 VPD
  • The Average Household Income Within 2-Miles is $56,249 and the Population is Expected to Grow By 0.4% By 2026

In Cooperation with BoR: Andrew Ackerman Lic. #C0001099750

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