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607 South Mobile Street
Linden, AL 36748
 Multifamily Property For Sale · 8 Units

Apartment Buildings Alabama Linden 607 South Mobile Street, Linden, AL 36748

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EXECUTIVE SUMMARY

GREAT APARTMENTS!!!
8 units. Townhomes. Each unit is 2bed/1bath. Separate electric meters. City water and sewer. Central heat and air. All brick, metal roofs. Washer and dryer hookups in every unit. Located in beautiful Marengo County, AL!!! PROPERTY WILL GENERATE A 16%+ NET RETURN ON INVESTMENT!! OVER $70k IN VALUE ADD!!! This is a very simple and straight forward investment property with tons of potential. Units are renting for $800/month each.
Professional property management and financing is available!!!

PROPERTY FACTS

Price Per Unit $51,410 CAD Building Class C
Sale Type Investment Lot Size 0.72 AC
Cap Rate 16.72% Building Size 7,728 SF
No. Units 8 Average Occupancy 0%
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Year Built 1976
Apartment Style Mid-Rise Parking Ratio 1.04/1,000 SF
Zoning C - Commercial
Price Per Unit $51,410 CAD
Sale Type Investment
Cap Rate 16.72%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.72 AC
Building Size 7,728 SF
Average Occupancy 0%
No. Stories 2
Year Built 1976
Parking Ratio 1.04/1,000 SF
Zoning C - Commercial

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $1,097 CAD -

LINKS

PROPERTY TAXES

Parcel Number 18-03-05-1-012-003-0000 Improvements Assessment $50,358 CAD
Land Assessment $2,496 CAD Total Assessment $52,854 CAD

PROPERTY TAXES

Parcel Number
18-03-05-1-012-003-0000
Land Assessment
$2,496 CAD
Improvements Assessment
$50,358 CAD
Total Assessment
$52,854 CAD
 

  • Listing ID: 39212333

  • Date on Market: 2026-01-26

  • Last Updated:

  • Address: 607 South Mobile Street, Linden, AL 36748

The Multifamily Property at 607 South Mobile Street, Linden, AL 36748 is currently available for Sale. Contact LOYD Realty for more information.

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