11010 Burch DR Active

Tuscaloosa,AL 35404

$ 699000

- Bed

- Bath

18000 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $38

MLS Listing ID 167356

Annual Tax Amount $197

Lot Size 8.190 Acres

Property Sub-Type Multi Family

Property Description

Income Producing Property for sale! This 12 unit mobile home community has produced for decades for the seller and now they are looking for a new owner as they have retired out of town. All homes are owned by the seller. Year end gross rents of $88,650 for 2024. Pro-forma gross rents of $120,750. 8 of the 12 units are currently leased. 2 of the 12 units are double wides at $1200/mo and single wides rent for $900/mo. Property actual and pro-forma income/expense statements on file. With a restricted supply, the opportunity to invest in this popular asset class doesn't happen often.

Location

State AL

County Tuscaloosa

Area (10) East Tuscaloosa County

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