The time is now to own income producing property for a total of $800,000... total acreage= approximately 5... There are 13 income producing units, 14 total units to be sold, owners currently live in one of the Units... Rent Roll: approximately $115,800 for just the 13 units! add 1000 more for rent on the 3b/3b sfr and look at the possibilities! There is also room to grow !!! cap rate: approx 11% 4 parcels being sold together... -PPIN: 26719 (0.5 acres includes home 3b/3ba approx 2200sqft),... -PPIN: 26720 (3 duplexes: 2 are 2b/2ba 1 is 2b/1ba, 2 dbl wide mobile homes: 1 is 4b/2ba 1 is 3b/2ba, and an ICF home 3b/2ba),... -PPIN: 107505 (2 dbl wide 2000 model mobile homes: 3b/2ba each) ,... -PPIN: 107506 ( 2 dbl wide 2000 model mobile homes: 3b/2ba each)... other key features:.. -each unit has its own septic tank... -the properties get water through 5 water wells... -tenant can opt for city water through perdido bay water -utilities are with Riviera.. -tenants take care of their lawns -there are storage facilities behind most units if not all. Properties are at a 100% occupancy at the moment and are well maintained... rent roll is located in other documents folder Don't wait! The opportunity here is endless!
The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on February 27th, 2020 at 1:15am CST.