INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572,000, with $63,700 in gross annual income, $41,392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5,000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.
Listed By
Agency Name: Roberts Brothers Inc. - Gulf Coast
Agency Phone: 251-974-5625
Shown By
Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031
Estimated Payment
$ 736.43 per month $599.55 Principal & Interest $100.42 Property Tax $36.46 Homeowner's InsuranceSend an email with a link to
512 Lake Forest Boulevard, Unit F223, Daphne, AL 36526.
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512 Lake Forest Boulevard, Unit F223, Daphne, AL 36526.
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512 Lake Forest Boulevard, Unit F223 | MLS# 395674
This townhouse located at 512 Lake Forest Boulevard, Unit F223, Daphne, AL 36526 is currently listed for sale with an asking price of $125,000. This property was built in 1983 and has 2 bedrooms and 1 full and 1 partial baths with 873 sq. ft. Lake Forest Boulevard, Unit F223 is located in the Bay Forest subdivision. Search Bay Forest real estate on www.gobellator.com today.