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Duplexes For Sale
Location: United States -> Alabama -> Evergreen
Industry: Real Estate > Other Real Estate

Business Summary

6 Apartments 3 Buildings
4 of 6 currently leased @ $325 per month
Located half way between Montgomery and Mobile in Evergreen, AL

Details: 3 duplex buildings with 2 apartments each. 4 of 6 apartments are 2 bedroom /1 Bath (brown exterior). 2 of 6 apartments are 3 Bedroom/1 Bath (white exterior). Photos below.
Total 5,000 sf on 1.5 +/- acres. TLC Needed

Property Taxes: $817 / year
Insurance: $908 / year

All apartments are individually metered for water, electric, and gas. Also, all tenants are issued a city dumpster container for personal garbage which they also pay for individually in one bill with water and electrical charges to the city of Evergreen.

Buyer to verify all details.


Asking Price Range:  < $250K
Gross Revenues:   $15,000
Cash Flow:   $10,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1980
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Downsizing portfolio

Print Listing Id: 700323153
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