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4560 Lott, Eight Mile, AL 36613

$325,000
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List Price
$325,000
Status
ACTIVE
MLS#
7710248
Lot Size
202,989
Acres
4.66
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Property Description

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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Additional Information

Interior Features
Other
Flooring
Laminate, Vinyl
Heating
Central
Air Conditioning
Ceiling Fan(s), Central Air
Levels
One
View
Trees/Woods
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Listing courtesy of IXL Real Estate LLC.