# 8 HORIZON STREET, Rainbow City, AL 35906

> **TL;DR:** commercial, $500,000. Est. $2,167/mo. Listed 222 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $500,000 |
| Lot Size | 65,340 sqft (1.50 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 222 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,167 |
| **Total** | **$2,167** |

## Property Highlights

- 1.50 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 8 HORIZON STREET, Rainbow City, AL 35906
- **County:** Etowah
- **Coordinates:** 33.975263, -86.040043
- **Google Maps:** https://www.google.com/maps?q=33.975263,-86.040043

## Listing Agent

- **Name:** Jason Koenig
- **Brokerage:** Keller Williams Homewood
- **Phone:** 2052836391
- **Email:** jason.koenig@kw.com

## Primary Photo

![8 HORIZON STREET - Primary Photo](http://lh.rdcpix.com/ba998f91b40996d3d5f50ae9af78d606l-f1663077994r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/8-horizon-street-rainbow-city-al-35906-21435422)*

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**MLS#:** 21435422 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8-horizon-street-rainbow-city-al-35906-21435422)

---

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