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112 12th Ave Lanett AL 26832

9 Duplexes in great condition. 2bdrm/2bath units of 1200 square feet, greatroom-dining combination, utility room, private patio,brick mail box, all appliances. All units have 2 ton high efficiency heat pumps.

Price: $950,000

MLS #93879
Multi-Family Home for sale

1945 Lee Rd 0137 Auburn AL 36830

Tiger Trailer Park ! This mobile home park is located on Wire Road and it has an excellent rental history. The park is almost 7 acres with 47 park-owned homes, a trailer being used as an office, 2 vacant lots and a house that fronts Wire Rd. The house is being sold AS IS - no value assigned to the house. Owner pays for trash pick-up (dumpster) and tennants pay for all other utilities. Owner is willing to finance - a portion of the mortgage or the entire park - to a qualified buyer with a substantial downpayment. As of 2/1/12, all homes are leased. The Cap rate is approx. 14% . Tiger Trailer Park is not a fancy park - it has no pool or ammenities - but it makes money and offers low cost housing that is hard to find in Auburn.

Price: $1,450,000

MLS #95425
Multi-Family Home for sale

228 Ross St Auburn AL 36830

8 unit brick complex/ 2 buildings connected with roofed breezeway.4 units per building/2 up and 2 down in a flat floor plan. Efficient plan and good construction. VERY well maintained interiors.100% occupancy since completion. Each unit has all appliances and generous storage.

Price: $799,900

MLS #96823
Multi-Family Home for sale

102 Easy St Unavailable AL 36081

This property in Troy is a 30 unit community of 3 bed/ 3 bath duplexes, located only 1/2 mile from the campus on George Wallace Drive.This is an amazing investment opportunity - a beautiful complex, 100% occupancy, and an amazing location!The land surrounding the complex has been recently rezoned to NC ... therefore the complex(and adjoining acerage, also for sale) are in a great position for future rentals!Each unit has refrigerators with ice makers, full size washers and dryers, security systems (monitoring extra), desks area in each bedroom, sound-deadening party wall, ceiling fans, cable tv ready, fast access internet ready, patios and balconies.

Price: $4,600,000

MLS #100063
Multi-Family Home for sale

3406 King Ave Opelika AL 36801

Fuller's Mobile Home Park. Property includes: A 2 bedroom/1 bath brick house (built in 1955) currently leased; 16 Park Owned Mobile Homes (all leased); 3 lots occupied by tenants' own homes (pay lot rent); and 7 vacant lots.All lots are on 1 water meter (sellers include water in monthly rent). House and lots on septic tanks. Room for growth and additional units - no additional mobile homes, but small cottages and/or duplexes could be added to increase park income. This park has recently increased its monthly revenues by 65% and has a CAP Rate of almost 12%.

Price: $525,000

MLS #100905
Multi-Family Home for sale

306 Magnolia Ave Auburn AL 36830

PLAINSMAN APARTMENTS. Outstanding investment property. Located a block and a half from Toomers Corner. 98 unit apartment complex with pool and laundry facility. Low maintenance...brick exterior and block wall interior. 50 furnished units rent for $395/mo., 42 unfurnished units rent for $375/mo., 6 unfurnished units rent for $450/mo. Excellent rental history...there were 4 vacancies at time of listing. 30 year architectural shingles installed in 2010, 99 electrical service/meter panels and all 4 transformers replaced in 2009, parking lot resurfaced in 2006. Two and three story buildings. Each unit has wall (not window) heating and cooling units.

Price: $3,600,000

MLS #101825
Multi-Family Home for sale