Saraland Rental Making $950/mo

Retail-Commercial for Sale
Catylist Listing ID: 30869918
Building Size (RSF): 1,066 SF
Gross Land Area: 17,300 - 17,400 SF
Sale Price: $109,900
Unit Price: $103.10 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/29/2024

Overview / Comments

3 bedroom 1 bathroom rental property in Saraland a few blocks from I-10 with long established tenant. Roof was replaced 5 years ago. HVAC replaced 2 years ago. Water heater 1 month old. Kitchen floors replaced 3 months ago. Taxes were $996 in 2024 and insurance was $1690. Current rent is $950 per month. The Housing Choice program pays the rent in full each month. Owners have a pending rate increase as it has been the same for 5 years now. No showings without an executed contract. No sign. Please do not disturb tenant.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 1909324000025XXX
Tenancy: Single Tenant
Property Condition: Average
Year Built: 1965

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,953 14,007 35,178
Median Age: 39.53 37.98 38.62
Households: 803 5,324 13,150

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