Great Commercial/Rental Opportunity!

Multi-Family for Sale
Catylist Listing ID: 30482543
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 3,679 SF
Gross Building Area: See Agent
Sale Price: $399,900
Unit Price: $133,300 Per Unit
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/26/2020

Overview / Comments

Calling all Investors! Great Commercial/Rental opportunity! 3 rental properties on 2.63 acres. Great opportunity to build more units and increase income! Homes currently have tenants. Monthly revenue of $2,700. Homes are located off Dead Lake Rd. in Creola. Location is minutes from Hwy 43 Industrial and back to Mobile. Minutes from North Mobile Marina. all measurements are approximate and not guaranteed!

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R021901010000083.
Zoning: B2
Percent Occupied: 100%
Total Number of Buildings: 3
Property Condition: Fair
Number of Stories: 1
Year Built: 1985

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,795 15,813
Median Age: 44.15 40.01
Households: 1,041 5,856

Contact

Photograph of Listing Agent

James Henderson

Realty Executives Bay Group
Gulf Coast CMLS Member
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