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29791518
29791519

4560 W Lott Rd, eight mile, AL 36613

RL
AL 2135639
$325,000
111 days on market
Updated 111 days ago

4560 West lott road Eight Mile AL 36613

Details
Property Type Mobile Home Park, Multifamily
Sub Type Single Family Rental Portfolio
Units 6
Cap Rate 14.67%
NOI $47,690
Occupancy 100%
Class C
Year Built 1980
Buildings 6
Stories 1
Acreage 4.660
Parking Spaces 4 per unit
Occupancy Date 02/17/2026
Ownership 100%

6 Pad Mobile Home Park on 4.66 Acres. Add value with 7 pads!!!!

Marketing description

4.66 flat acres and majority cleared with 6 income producing units with the option to add 7 additional units at the entrance. Asphalt driveway all the way to the back of the property where the 6 units start. Power poles for electrical (separately metered for each tenant) and water lines (landlord $200/monthly) are strung out to the rear of the property. Strong in place cashflow @ an average of $750 per unit with a gross monthly amount of $4,450 per month. Taxes are $1500 as of 2025. Low operating overhead with the dumpster fee of $180 per month which could convert to eliminate by requiring each tenant to get individual city cans. Each unit has its own septic system.

Investment highlights

-4.66 acres

-Value add (7 units)

-Taxes ($1500 annually)

-6 units cash flowing day 1

Listing Contacts

RL
AL 2135639

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$47,690.00
$3,974.17/mo

Valuation Metrics

0
DSCR
14.67%
Cap Rate
14.67%
ROI

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Additional Information

Name
Jerardo Rodriguez
License
AL 97313
Brokerage
IXL REAL ESTATE
Title
Qualifying Broker
Brokerage Address
907 Hillcrest Road
Name
Rashmi Lumpkin
License
2135639
Brokerage
IXL
Brokerage Phone
2512651230
Brokerage Address
907 Hillcrest Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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