4560 Lott Road W, Eight Mile, AL 36613
sale
$325,000
|
Other
Courtesy Of IXL REAL ESTATE
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.
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Property Features
- Amenities: Ceiling Fan
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floors: 1
- Heating System: Central
- MLSID: 7710248
- Parking Spaces: 26
- Roof Type: Asphalt
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