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Opportunity Zone
7 Unit SFR Portfolio
Properties are located in South Oakleigh, Dauphin Island Parkway, and Theodore.
Listing Contacts
License: AL 000164144-1
License: GA 419276, LA 995704135, FL BK3465884, MS 22847, AL 000087782
Active
Asking Price: $355,000
Address (4 locations)
1152 Texas St, Mobile, AL 36604
Show on Map3221 Brown Rd, Mobile, AL 36605
Show on Map3225 Brown Rd, Mobile, AL 36605
Show on Map7018 San Marino Dr, Theodore, AL 36582
Show on MapDate Added
Feb 19, 2025
Days on Market
91 days
Time Since Last Update
41 days
Details
Property TypeMultifamily
SubtypeSingle Family Rental Portfolio
Investment TypeValue Add
Occupancy60%
Units7
Marketing Description
7-Unit Single-Family Rental Portfolio | Prime Value-Add Opportunity
Unlock the potential of this 7-unit single-family rental portfolio, strategically located in the vibrant city of Mobile, Alabama. Known for its rich history, booming port economy, and southern charm, Mobile offers a strong rental market with consistent demand. This package offers a mix of single family homes and one manufactured home that are tenant-occupied properties with room for significant value-add opportunities, making it an ideal investment for savvy investors looking to expand their portfolio. Properties are located in South Oakleigh, Dauphin Island Parkway, and Theodore.
Investment Highlights
Key Highlights:
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Turnkey Cash Flow: five units are currently rented on a month-to-month lease, providing immediate income while you implement improvements to boost equity and rental yields. Current rents are under market at $3,315 for the five units that are occupied in Oakleigh and Dauphin Island Parkway.
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Value-Add Potential: two units are prime for updates and modernizations and are currently vacant. Allowing for an easy opportunity to increase rents and maximize returns.
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Stable Tenancy: The properties are professionally leased and managed with vetted tenants making the transition of ownership a breeze.
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Path of Progress: The South Oakleigh property is in a highly sought-after neighborhood where residents enjoy easy access to local dining scenes, entertainment venues, and the historic charm of the Oakleigh Historic District. Both the Dauphin Island Parkway and Theodore properties are well-connected to major roadways, including I-65 and I-10, making it a convenient choice for commuters.
Whether you’re looking to add equity through renovations or enjoy steady income with potential for growth, this portfolio provides the flexibility to match your investment strategy. Don’t miss this opportunity to secure a solid asset with room to grow! Seller Financing terms are available.
Call today to schedule a showing or request additional details!
Buyer and Buyer's Agent to verify all information.
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Property History
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Due Diligence
Listing Contacts
- License: AL 000164144-1
- License: GA 419276, LA 995704135, FL BK3465884, MS 22847, AL 000087782
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Additional Information
Additional Information
Broker Name
JJ Moody
Broker License
AL 000164144-1
Brokerage Name
SVN Toomey Property Advisors
Broker Title
Advisor
Brokerage Address
250 Congress Street, Mobile, United States 36603
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