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29419917
29419938

4 Locations For Sale

TT
AL 149228-1
IXL Real Estate
Listed by IXL Real Estate
$715,000
173 days on market
Updated 173 days ago

Stabilized 4-Property Single-Family Rental Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,536
Net Rentable (SqFt) 5,536
Units 4
Cap Rate 8.12%
NOI $58,087
Occupancy 100%
Pro-Forma Cap Rate 8.12%
Pro-Forma NOI $58,087
Price per SqFt $129
Class C
Year Built Varies
Buildings 4
Stories 1
Lot Size (SqFt) 41,979
Investment Type Stabilized

Single-Family Rental Portfolio | 4 Homes

Marketing description

Stabilized, fully occupied 4-property single-family rental portfolio located in Mobile and Chickasaw, Alabama. The portfolio consists of four detached SFR homes situated on individual parcels, offering strong in-place income and immediate cash flow.

The portfolio generates $6,235 in monthly rental income ($74,820 annually) with 100% occupancy and standard leases in place. The homes range from 2–4 bedrooms and approximately 1,091 to 2,101 square feet, with a combined livable area of 5,536 SF across the portfolio.

Each property has been thoughtfully updated, with improvements across the portfolio including renovated kitchens and bathrooms, updated flooring, modern fixtures, updated electrical and plumbing, functional layouts, and washer/dryer installations. Several homes feature primary suites with en-suite baths, off-street parking, and large outdoor areas, supporting long-term tenant retention and consistent performance.

This offering is well suited for DSCR financing, buy-and-hold investors, or 1031 exchange buyers seeking a stabilized SFR portfolio with predictable income. The portfolio is offered as a package only and will not be sold individually.

Portfolio includes the following properties (MLS cross-reference):
• 117 Idlewood Dr, Mobile, AL — MLS #7692942
• 1110 Jackson Rd, Mobile, AL — MLS #7692941
• 1500 Navco Rd, Mobile, AL — MLS #7692938
• 552 Kansas St, Chickasaw, AL — MLS #7692937

Tenant-occupied — showings by appointment only. Minimum 24-hour notice required. Proof of funds or lender pre-approval (DSCR acceptable) required prior to scheduling showings.

All information deemed reliable but not guaranteed. Buyer to independently verify all information during due diligence.

Investment highlights

INVESTMENT HIGHLIGHTS

  • Stabilized 4-Property Single-Family Rental Portfolio

  • 100% Occupied with standard leases in place

  • $6,235 Monthly Rent | $74,820 Annual Gross Income

  • Portfolio Offered as a Package Only – Not Sold Individually

  • 2–4 Bedroom Homes | 1,091–2,101 SF

  • Total Livable Area: 5,536 SF

  • Tenant-Paid Utilities

  • Updated Interiors Across Portfolio (kitchens, baths, flooring, fixtures)

  • Off-Street Parking & Large Outdoor Areas

  • DSCR & 1031 Exchange Friendly

  • Immediate Cash Flow with In-Place Income

  • Located in Mobile & Chickasaw, AL – Strong Rental Demand Markets

Listing Contacts

TT
AL 149228-1
IXL Real Estate
Listed by IXL Real Estate

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,087.00
$4,840.58/mo

Valuation Metrics

0
DSCR
8.12%
Cap Rate
8.12%
ROI

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Additional Information

Name
Tori Turner
License
149228-1
Brokerage
IXL Real Estate North
Brokerage Phone
251) 265-1230
Title
REALTOR
Brokerage Address
802 HIghway 43 South
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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