Map
Listed price in listed location currency (USD).
$1,065,000

000

MLS® 412073

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 1 Acres
Approx. Age 1900
MLS® Number 412073

Property Address: 140 Short St, Atmore, AL, 36502-1657

Average square foot calculated using Size range provided by listing agent.

Description

Westside Mobile Home Park in Atmore is a twelve unit complex. All units convey with land. Eleven mobile homes and one house included with sale. All twelve units fully rented with annual gross rents currently at $123, 660. Net income after all expenses is $91, 057 providing a 8.55% capitaization rate on your investment. Seller will carry back a second mortgage equal to 25% of the investment, $266, 250, for five years at the first mortgage rate plus 1%. Interest only for five years with balance due at the end of the five year term. Rent roll( including expenses) and current tax bill loaded in documents. Buyer to verify all information during due diligence.
MLS® Number412073
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOther/See Remarks
Garage Spaces
HeatElectric
A/C

Extras

Map

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