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1206 E. 4th ave - 45 LOTS CITY WATER & SEWER INDIVIDUAL METERS! 45 Unit Apartment Building Offered at $975,748 CAD York, AL 36925
INVESTMENT HIGHLIGHTS
- INDIVIDUAL WATER AND ELECTRICITY METERS FOR EVERY SINGLE LOT. ALL UTILITIES ARE PAID BY THE TENANTS, CITY WATER AND CITY SEWER.
- GROUNDSKEEPER LIVES ON SITE AND MAINTAINS THE GROUNDS AT THE PROPERTY. HE RECEIVES FREE LOT RENT IN LIEU OF HIS DUTIES
- HUGE CASH FLOW POTENTIAL, 15 VACANT LOTS READY FOR TRAILERS IMMEDIATELY.
- PRIME REAL ESTATE PROPERTY NEXT TO THE FREEWAY WITH ROOM TO ADD MORE TRAILERS
- NEAR FREEWAY, CLOSE TO LIVINGSTON, ALABAMA AND MERIDIAN, MISSISSIPPI
- 100% PASSIVE INCOME PROPERTY, BUY IT AND FORGET ABOUT IT, RENTAL INCOME COMES IN THE FIRST WEEK OF THE MONTH LIKE CLOCKWORK
EXECUTIVE SUMMARY
100% passive income property. All of the tenants are lot renters. Tenants pay for all of their own utilities (water, sewer, electricity ) and the park does have city water and city sewer. 45 Individual meters in place. There are 15 vacant lots which are ready for more park owned homes or add your own trailers and make over 6 figure income here.
The property does have 2 parcels totaling 11 acres ( 9 acres and 2 acres ). Both parcels sit adjacent to one another. This is PRIME real estate property with alot of room to expand. RIGHT NEXT TO THE FREEWAY!
I do have a groundskeeper who maintains the property since I live in California. He cuts the grass around the vacant lots and makes sure everything is nice and tidy there. The groundskeeper is a tenant and receives free lot rent in lieu of his duties.
Sit back and collect the rental income the first week of every month. Thats all that is required with this property as it is 100% passive income.
The property does have 2 parcels totaling 11 acres ( 9 acres and 2 acres ). Both parcels sit adjacent to one another. This is PRIME real estate property with alot of room to expand. RIGHT NEXT TO THE FREEWAY!
I do have a groundskeeper who maintains the property since I live in California. He cuts the grass around the vacant lots and makes sure everything is nice and tidy there. The groundskeeper is a tenant and receives free lot rent in lieu of his duties.
Sit back and collect the rental income the first week of every month. Thats all that is required with this property as it is 100% passive income.
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- Property Manager on Site
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
NS Equity LLC
1206 E. 4th ave - 45 LOTS CITY WATER & SEWER INDIVIDUAL METERS!
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