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IXL Real Estate Wiregrass

334homesearch@gmail.com +1(407) 285-3162

$285,000

Est. payment - /mo

13 Beds

8 Baths

1,680 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $169

MLS Listing ID 214027

Bedrooms 13

Full Baths 8

Year Built 1983

Lot Size 4.520 Acres

Property Sub-Type Quadruplex

Property Description

Turnkey Manufactured Home Rental Portfolio – 4.52 Acres on Decatur Road, Cottonwood, AL. A rare opportunity to acquire a fully occupied, income-producing rental portfolio in one package. This offering includes four manufactured homes situated on 4.52 total acres at 2400, 2495, 2510, and 2521 Decatur Road in Cottonwood. The portfolio consists of three double-wide homes and one single-wide, several with recent updates and two that have been fully renovated. All four units are currently occupied and generating rental income. Beyond the existing homes, the acreage offers room for additional units to be placed, giving an investor the ability to expand the portfolio's income potential over time. Whether you are looking to add a stabilized cash-flowing asset to your portfolio or build out additional rental units on site, this package offers flexibility, immediate income, and long-term upside. Property Highlights: 4 manufactured homes (3 double-wide, 1 single-wide) across 4 parcels, 4.52 total acres, 100% occupied with current rental income, recent updates throughout; two homes fully renovated, additional pad space available for future home placement, and sold as a package.

Location

State AL

County Houston

Area Houston

Rooms

Basement None

Interior

Interior Features Ceiling Fan(s)

Flooring Carpet, Vinyl

Appliance Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven

Exterior

Parking Features 2 Car, Detached Carport

Garage Spaces 2.0

Pool None

Utilities Available County Trash Service, Cable Available, Cable Connected

Waterfront Description No Waterfront

Total Parking Spaces 2

Garage No

Building

Sewer Septic Tank

Water Public, See Remarks

Level or Stories 1

Schools

Elementary Schools Cottonwood

Middle Schools Cottonwood

High Schools Cottonwood

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Listed by Keller Williams Southeast Alabama

Nearby Locations

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IXL Real Estate Wiregrass

+1(407) 285-3162

Broker

2495 Decatur Rd Cottonwood, AL 36320

IXL Real Estate Wiregrass

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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