4560 Lott RD W, Eight Mile, AL 36613
4560 Lott RD W, Eight Mile, AL 36613
4560 Lott RD W, Eight Mile, AL 36613
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Tracie Carter

Tracie Carter

+1(901) 870-7392
Listed by Rashmi Lumpkin • IXL Real Estate LLC
$ 325,000
Est. payment | /mo

4.66 Acres Lot

Save
$ 325,000
Est. payment | /mo
Save

4.66 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7710248

Annual Tax Amount $1,150

Tax Year 1150

Lot Size 4.660 Acres

Property Sub-Type Mixed Use

Property Description

Six Mobile Homes. Income property on West Lott Road in Eight Mile, Mobile MSA. Six mobile homes generate stable rental income. Gross Annual Rent: $53,400. Annual Expenses: $5,710. NOI: $47,690. Cap Rate: ~14.7%. 4.66 acres, flat, mostly clear, with the ability to add 7 pads. Asphalt driveway, power, and water lines are in place. Strong cash flow, high yield, and low overhead.

Location

State AL

County Mobile - Al

Direction From Schillinger, turn right onto Lott Rd. In 3.3 miles, the property is on your left, directly across from Rayburn Rd

Rooms

Basement None

Interior

Interior Features Other

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Laminate, Vinyl

Exterior

Fence Wood

Utilities Available Electricity Available, Water Available

Waterfront Description None

View Y/N true

View Trees/Woods

Roof Type Asphalt

Total Parking Spaces 26

Building

Lot Description Other

Foundation Pillar/Post/Pier

Level or Stories One

Nearby Locations

Tracie Carter

"Honest Advice. No Pressure."

+1(901) 870-7392

tracie@homesgulfcoast.com

State Highway 181, Fairhope, AL 36532, USA

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4560 Lott RD W

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