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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29803726
29803727

6 Locations

HP
AL 000130513
Broker-1st Class Real Estate Wiregrass
Listed by Broker-1st Class Real Estate Wiregrass
$599,000
105 days on market
Updated 105 days ago
Opportunity zone

The Dothan Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 7
Cap Rate 8.79%
NOI $52,639
Occupancy 100%
Broker Co-Op Yes
Zoning Residential
Investment Type Stabilized

Multifamily | 7 Units | $5,929 Monthly Gross Rent

Marketing description

Investor alert! A fully occupied 7-unit residential rental portfolio that just hit the market in Dothan and Kinsey, Alabama. I’m reaching out directly to professionals who regularly work with investors in this space.

Portfolio Summary:

• 5 single-family homes + 1 duplex (7 total doors)
• 100% occupied
• $5,929 monthly gross rent ($71,148 annually)
• Offered at $599,000
• Professionally managed
• Workforce housing rent profile

This is a stabilized, income-producing portfolio suited for:

• Investors looking to expand in the Dothan market
• 1031 exchange buyers seeking replacement property
• Out-of-state yield investors
• Local landlords wanting additional scale

Investment highlights

  • Estimated Operating Expenses (not including taxes and insurance) (25%): ~$18,509

  • Estimated NOI: ~$52,639

  • Estimated Cap Rate at $599,000: ~7%

Listing Contacts

HP
AL 000130513
Broker-1st Class Real Estate Wiregrass
Listed by Broker-1st Class Real Estate Wiregrass

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,639.00
$4,386.58/mo

Valuation Metrics

0
DSCR
8.79%
Cap Rate
8.79%
ROI

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Additional Information

Name
Hannah Pendleton
License
000130513
Brokerage
1st Class Real Estate Wiregrass
Brokerage Phone
+1 (334) 625-6595
Title
Real Estate Salesperson
Brokerage Address
1257 Rucker Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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