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.
4 days
|
224
|
14
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Megan Rhodes334-714-2318,
Keller Williams Southeast Alabama
Source: SAMLS,MLS#: 214027
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 8
Full bathrooms: 8
Appliances
Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.