Rental home portfolio

Multi-Family for Sale
Catylist Listing ID: 30770210
Number of Units: 5 Units
Building Size (RSF): 776 SF
Sale Price: $300,000
Unit Price: $60,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 776 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/24/2022

Overview / Comments

FANTASTIC INVESTMENT OPPORTUNITY TO START YOUR OWN PORTOFOLIO OF PROPERTIES. THE PROPERTIES INCLUDE: 1623,1631,1635,1637, & 1641 Levene Road. PICTURES ATTACHED ARE OF THE OTHER PROPERTIES. THE TOTAL PORTOFOLIO ASKING PRICE IS $300,000. SELLER RESERVES THE RIGHT TO REQUIRE THE PURCHASE OF PROPERTIES AS A GROUP AND NOT INDIVIDUALLY. ALL HOMES CURRENTLY HAVE TENANTS AND ARE INCOME PRODUCING PROPERTIES. THESE PROPERTIES ARE ALL LOCATED ON THE SAME STREET AND ARE INDIVIDUAL SINGLE FAMILY HOMES. All properties will be sold as is. Showings will be allowed upon successful acceptance of an offer during the inspection period. Be able to provide proof of funds with an offer to purchase. *This is one property in a portfolio listing of 5 properties. Sale is conditional to closing the properties at the following addresses in a similar timeframe: 1623 Levene Rd 1631 Levene Rd 1635 Levene Rd 1637 Levene Rd 1641 Levene Rd Portfolio purchase available at $300,000 for all 5 properties. Call for information. All units are tenant occupied. Please do not disturb tenants.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 320640000203404X
Total Number of Buildings: 5
Number of Stories: 1
Construction/Siding: Vinyl Siding
Heat Source: Central
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,692 65,454 122,253
Median Age: 31.77 35.21 36.18
Households: 4,291 25,731 48,536


Photograph of Listing Agent

David Kahalley

Shamrock Properties Gulf Coast CMLS Member
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