140 Short St Atmore, AL 36502 | Other | Business Opportunity

$720,000

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0 acres
Listing Courtesy of

Ann Gordon

Description

Income property with 11 mobile homes and 1 small 2 BR home or office. 9 Mobile homes have recently been renovated and the remaining units are in good condition. All roofs have been replaced or cleaned and 5 recoated with cool-white elastomeric.Current gross monthly income is $7565.Projected gross monthly income as of 1/1/2021.....$8050 (6.5% increase).Monthly expenses: Water sewer and trash $1000Power (1 pole light) $ 20Landscaping & pest control $ 100Estimated property taxes $ 400Repairs and replacement $ 400 Projected net monthly income $6130.

Property Details

Property Type Business Opportunity Status Active CMLS ID# 30642936

structure

Total Baths 0

characteristics

lot size units acres

compensation

Buyer Agency Comp. 5%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.