AL
Mobile - AL
Eight Mile
36613
4560 W Lott Road
4560 W Lott Road, Eight Mile, AL 36613
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
3
$325,000

Home Details for 4560 W Lott Road

Price
$325,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
4.66
County
Mobile - AL
Garage
Basement
None
Days on site
15
MLS Listing#
7710248
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.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Utilities
    • Electricity Available
    • Water Available
  • Heating Information
    • Central
  • House Interior
    • Other
  • Parking
    • None
  • Basement
    • None
Listing Courtesy: IXL Real Estate LLC - 251-265-1230
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
EXIT REALTY PROMISE
759 Downtowner Loop W., Mobile, AL 36609
Office
251 450 1481
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