4560 Lott Road W Eight Mile, AL 36613
Other
MLS #: 7710248
Courtesy Of IXL REAL ESTATE
Property InformationDescription
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.
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
MAP & DIRECTIONS
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