$125,000 Sold

165 Lee Road 349, Salem, AL 36874, USA

0 sq ft 0.77 acres

Sold $125,000 on February 11, 2026

165 Lee Road 349, Salem, AL 36874, USA

0 sq ft 0.77 acres

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At today's 6.5% rate with 10% down, a buyer would pay ~$538/mo for a home at this value.

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Description

Tucked in the quiet Lakeview Shores community, just a short walk from a neighborhood boat ramp and dock on Lake Harding, this six-lot RV park already feels established. Three long-term tenants bring in $525 a month each, providing steady cash flow while leaving room to grow. The remaining lots are ready for development, offering the perfect setup for additional pads or tiny homes. A functional laundry building on-site is plumbed for a bathroom—ideal to finish out as a tenant space or efficiency rental. The property’s boat ramp access is a huge plus for tenants who enjoy fishing, boating, and lake life. Low expenses and minimal upkeep make this a smart, easy-to-manage investment.