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37
Bedrooms
27.0
Baths
20,000
Sqft
$80
Price/Sqft
5.00
Acres
About this home
Turnkey Investment Portfolio – $136k Net Annual Income
Incredible cash-flowing portfolio in fast-growing Baldwin County! This 14-unit package includes 2 single-family homes, 3 duplexes, and 6 double-wide mobile homes, all fully rented with stable tenants and no major deferred maintenance. Current net operating income is $135,891/year, offering an attractive return at an 8.5%+ cap rate.
Located in Lillian, AL, just minutes from the Florida line and the beaches of Perdido Key and Pensacola, this property is ideal for investors seeking stable returns and low competition. Management can be easily outsourced, or self-manage to realize a 9.5% cap rate. There's open space available to add additional income producing units. Additional upside potential on the existing units still exists as well. These are always quick to rent and demand is high.
Full rent roll, expense breakdown, and leases available upon request. Priced to sell — don’t miss this opportunity to acquire a high-yield, diversified rental portfolio in a growing Gulf Coast market.
