KateIrvine
MLS#7710248
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Six Mobile Homes. Income property on West Lott Road in Eight Mile, Mobile MSA. Six mobile homes generate stable rental income. Gross Annual Rent: $53,400. Annual Expenses: $5,710. NOI: $47,690. Cap Rate: ~14.7%. 4.66 acres, flat, mostly clear, with the ability to add 7 pads. Asphalt driveway, power, and water lines are in place. Strong cash flow, high yield, and low overhead.
Property Features
Property Type: Commercial - Business
Basement: None
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 4.66 Acres
Roof Type: Asphalt
Stories: 1.0
Amenities
Other
Feature Descriptions
Accessibility: None
Building Features: Loading (None)
Construction Materials: Other
Days on Site: 27
Exterior: Other
Fencing: Wood
Flooring: Laminate, Vinyl
Lot: Other
Parcel#: 2304171000046
Parcel #: 2304171000046
Parking: None
Parking Notes: None
Utilities: Electricity Available, Water Available
Waterfront: None
Window: None
Zoning: 0
Listed By / Shown By
Listed By
Agency Name: IXL Real Estate LLC
Agency Phone: 251-265-1230
Shown By
Agent Name: Kate Irvine
Agent Phone: (251) 455-3677
Agency Title: Bellator Real Estate
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4560 Lott Road W | MLS# 7710248
This commercial property located at 4560 Lott Road W, Eight Mile, AL 36613 is currently listed for sale with an asking price of $325,000. Search Eight Mile real estate on kateirvine.gobellator.com today.