2495 Decatur Rd, Cottonwood, AL 36320
- $285,000
- 13
- BD
- 8
- BA
- 1,680
- SqFt
- List Price
- $285,000
- Status
- ACTIVE
- MLS#
- 214027
- Subtype
- Residential Income
- Year Built
- 1983
- Bedrooms
- 13
- Bathrooms
- 8
- Full Baths
- 8
- Living Area
- 1,680
- Lot Size
- 196,891
- Acres
- 4.52
- MLS Area Major
- 9c Houston SE 84 E-231 S
Property Description
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.
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Additional Information
- Interior Features
- Ceiling Fans
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven
- Stories
- 1
- Levels
- One
- Parking Features
- 2 Car, Detached
- Elementary School
- Cottonwood
- Middle School
- Cottonwood
- High School
- Cottonwood
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Listing courtesy of Keller Williams Southeast Alabama.