56 Unit Single Family Rental Portfolio

Undisclosed Address, Mobile, AL 36604
Multi-Family for Sale
Catylist Listing ID: 30803371
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Other
Number of Units: 56 Units
Building Size (RSF): 51,185 SF
Gross Building Area: See Agent
Sale Price: $3,454,834
Unit Price: $61,693.46 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.8%
Average Occupancy Rate: 100
Last Updated: 11/23/2022

Overview / Comments

56-unit portfolio of single/multi-family properties to be sold as a complete portfolio. This is part of a larger +200-unit portfolio of single/multi-family units that are currently being marketed for sale. Please call agent for more details. Listing agent has an ownership interest in property. The addresses in this portfolio are:

1. 18 S. Catherine Street, 2, Mobile, AL 36604
2. 18 S. Catherine Street, 13, Mobile, AL 36604
3. 18 S. Catherine Street, 20, Mobile, AL 36604
4. 18 S. Catherine Street, 21, Mobile, AL 36604
5. 18 S. Catherine Street, 26, Mobile, AL 36604
6. 61 Alexander Street, Mobile, AL 36607
7. 110 Michael Donald Avenue, Mobile, AL 36604
8. 116 Michael Donald Avenue, Mobile, AL 36604
9. 123 Tuscaloosa Street, A, Mobile, AL 36607
10. 123 Tuscaloosa Street, B, Mobile, AL 36607
11. 155 Glenn Avenue, Mobile, AL 36606
12. 157 Glenn Avenue, Mobile, AL 36606
13. 254 Stocking Street, 1, Mobile, AL 36604
14. 254 Stocking Street, 2, Mobile, AL 36604
15. 254 Stocking Street, 3, Mobile, AL 36604
16. 254 Stocking Street, 4, Mobile, AL 36604
17. 254 Stocking Street, 5, Mobile, AL 36604
18. 555 Marine Street, Mobile, AL 36604
19. 626 1/2 Glenwood Street, Mobile, AL 36606
20. 626 Glenwood Street, Mobile, AL 36606
21. 863 E Victory Drive, Mobile, AL 36606
22. 954 Texas Street, Mobile, AL 36604
23. 952 Texas Street, Mobile, AL 36604
24. 1260 Bucker Road, Mobile, AL 36605
25. 1351 Navco Road, Mobile, AL 36605
26. 1353 Dauphin Street, 1, Mobile, AL 36604
27. 1353 Dauphin Street, 2, Mobile, AL 36604
28. 1353 Dauphin Street, 8, Mobile, AL 36604
29. 1353 Dauphin Street, 9, Mobile, AL 36604
30. 1353 Dauphin Street, 21, Mobile, AL 36604
31. 1353 Dauphin Street, 22, Mobile, AL 36604
32. 1353 Dauphin Street, 23, Mobile, AL 36604
33. 1353 Dauphin Street, 25, Mobile, AL 36604
34. 1353 Dauphin Street, 26, Mobile, AL 36604
35. 1353 Dauphin Street, 29, Mobile, AL 36604
36. 1370 Ridge Street, Mobile, AL 36605
37. 1370.5 Ridge Street, Mobile, AL 36605
38. 1414 Brown Street, 1A, Mobile, AL 36604
39. 1414 Brown Street, 1B, Mobile, AL 36604
40. 1414 Brown Street, 2B, Mobile, AL 36604
41. 1414 Brown Street, 2C, Mobile, AL 36604
42. 1831 Old Shell Road, A, Mobile, AL 36607
43. 1831 Old Shell Road, B, Mobile, AL 36607
44. 1831 Old Shell Road, C, Mobile, AL 36607
45. 1831 Old Shell Road, D, Mobile, AL 36607
46. 1831 Old Shell Road, E, Mobile, AL 36607
47. 1831 Old Shell Road, F, Mobile, AL 36607
48. 1850 Canal Street, Mobile, AL 36606
49. 1852 Canal Street, Mobile, AL 36606
50. 2054 Gimon Circle S., Mobile, AL 36605
51. 2149 Clement Street, Mobile, AL 36617
52. 2707 Briley Street, Mobile, AL 36606
53. 2712 Briley Street, Mobile, AL 36606
54. 2717 Briley Street, Mobile, AL 36606
55. 2716 Emogene Street, Mobile, AL 36606
56. 12925 Bonnievale Drive, Grand Bay, AL 36541

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $11,626 (Annual)
Gross Operating Income $155,094 (Annual)
Net Operating Income $89,485 (Annual)
Actual or Proforma Year Proforma

Additional Details

Tax ID/APN: 2907250007395XXX
Percent Occupied: 100%

Contact

Photograph of Listing Agent

Andrew Dickman

Stirling Properties Mobile Mobile, AL 36602
Gulf Coast CMLS Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.