Trojan Way MHP

The city of Troy is a thriving college town located in Pike County in southeast Alabama. Troy is the county seat and largest city of Pike County, Alabama. Troy is located in southeast Alabama along U.S. Highway 231 approximately halfway between two metropolitan cities, Montgomery and Dothan. Montgomery is located 48 miles to the northwest and Dothan is 56 miles to the southeast. Established in 1838, Troy is a vibrant city that offers world-class amenities while preserving its important ties to the past. The City of Troy is a unique blend of small-town values with big-city opportunities. Nestled just south of Montgomery and just north of Dothan, the City of Troy, Alabama, offers visitors the charm of a small city along with a stimulating urban environment. Troy has a 2024 population of 17,893. Troy is the economic hub of Pike County, the Troy Micropolitan Statistical Area, and a large portion of southeast Alabama. Troy is home to several businesses and industries. Troy was divided among the following industrial categories: educational services, and health care and social assistance; Retail trade; Manufacturing and Arts, entertainment, recreation, accommodation, and food services. As a focal point of the city, Downtown Troy plays a unique role in providing retail and residential opportunities. Downtown Troy is also a center for professional and governmental services for the area. The city is home to the second largest university in the state, Troy University. Considered one of the fastest growing cities in Alabama, Troy has an expanding economy that houses several large corporations. The city is home to many large corporations including Lockheed-Martin, Sikorsky Support Services, CGI and the Sanders Companies as well as smaller business started by local entrepreneurs. TroyFest is an outdoor festival located on the downtown Troy city square. There are several parks in Troy including Washington Street Park, College Street Historic District, and Fountain Drive Park. Tourists can also visit places of historical significance such as the Pioneer Museum of Alabama. The shopping centers include Southland Village Shopping Center and Parklane Shopping Center. Some of the churches in Troy are Calvary Baptist Church, Union Hill Methodist Church, The Church of Jesus Christ of Latter Day Saints, and Shiloh Baptist Church. The Johnson Center for the Arts boasts seven galleries. A valuable arm of Troy’s Cultural Arts Center Complex is the Cultural Arts Studio. Points of Interest include: Troy University Arboretum and Pocosin Nature Preserve, Conecuh Ridge Whiskey Distillery, National Band Association Hall of Fame, Trojan Oaks Golf Course, Butter and Egg Adventures, Troy Recreation Center and Troy-Pike Cultural Arts Center.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.