Listing Details
- $375,000
- MLS# 689364
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: PHD Real Estate, LLC
Agency Contact: taylor@phdrealty.com
Shown By
Agent Name: Michele Tucker
Agent Phone: Cell: (850) 582-1707
Agency Title: Levin Rinke Realty
Home Value Estimate
Description
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual - Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are...read more
Features
- Electric Water Heater
- Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Vinyl
- Carpet
- Central
- 1.0 Story
- Public
- Built in 2007
Gallery
Listed By
Agency Name: PHD Real Estate, LLC
Agency Contact: taylor@phdrealty.com
Shown By
Agent Name: Michele Tucker
Agent Phone: Cell: (850) 582-1707
Agency Title: Levin Rinke Realty
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