**INVESTORS TAKE NOTICE**
TWO professionally built tiny homes for sale and are being sold as a package. PRICE DOES NOT INCLUDE LAND. UNITS ARE ON LEASED LOTS. Both are rented to Auburn students through April 2024. This is one of the best real estate investments you will find. Unit 1 is a 8.5' x 20' that has NET INCOME of $700 per month. Unit 2 is a 8.5' x 24' that has NET INCOME of $800 per month. This averages to be a 12% cap rate based on asking price. CASH ON CASH return in unbeatable and will vary depending on the amount of your deposit.
Both units come complete with hook-ups and includes all appliances: Stove, oven, stainless refrigerator, washer & dryer, granite countertops, full bathroom and a sleeping loft, upscale plumbing and electrical fixtures and usb outlets throughout. Both units are built on Iron Eagle Trailers, an industry leader.
The units are located at Sand Dollar Farm in Auburn at a newly created tiny home village that includes walking trails, fire pit, small pond, community farm and lots of outdoor living space for the tenants enjoyment. Sand Dollar is located next to Kiesel Park on Chadwick Rd. Unit is ideally situated close to campus.
Investment specifics are available upon request.
Contact the owner/builder/investor for more information.
Sold for $1,240,000
$1,240,000
1137 Chadwick Ln, Auburn, AL 36832
2beds
400sqft
SingleFamily
Built in 2022
2.57 Acres Lot
$344,800 Zestimate®
$3,100/sqft
$1,593 Estimated rent
Home value
$344,800
$276,000 - $431,000
$1,593/mo
Zestimate® history
Owner options
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$1,593/mo
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$1,593/mo
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$5,718/mo
Est. payment
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$5,718/mo
Est. payment
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List your homeWhat's special
Small pondSand dollar farmProfessionally built tiny homesElectrical fixturesTiny home villageSand dollarLeased lots
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 400 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Park
Lot
- Size: 2.57 Acres
Details
- Parcel number: 1902040000003002
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Metal
Condition
- Year built: 2022
Community & HOA
Location
- Region: Auburn
Financial & listing details
- Price per square foot: $3,100/sqft
- Tax assessed value: $73,400
- Annual tax amount: $396
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2025 | Sold | $1,240,000$3,100/sqft |
Source: Public Record Report a problem | ||
| 6/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/13/2023 | Listed for rent | $1,100$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/25/2023 | Listed for rent | $1,100$3/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $396 | $7,340 |
| 2024 | $396 +3.1% | $7,340 +3.1% |
| 2023 | $384 | $7,120 |
| 2022 | $384 +13% | $7,120 +13% |
| 2021 | $340 | $6,300 |
| 2020 | $340 | $6,300 |
| 2019 | $340 | $6,300 |
| 2018 | $340 | $6,300 -3.4% |
| 2015 | $340 -3.4% | $6,520 |
| 2014 | $352 | $6,520 |
Find assessor info on the county website
Neighborhood: 36832
Nearby homes
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- $370,0004 bd2 ba3.5k sqft655 Chadwick Ln, Auburn, AL 36832Sold
Nearby schools
GreatSchools rating
- 10/10Richland Elementary SchoolGrades: K-2Distance: 3.1 mi
- 7/10Drake Middle SchoolGrades: 6Distance: 3.7 mi
- 7/10Auburn High SchoolGrades: 10-12Distance: 5.8 mi
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- Alabama
- Lee County
- Auburn
- 36832
- 1137 Chadwick Ln