MLS Number:
196563
List Price:
$1,169,500
Property Type:
Single Family
Street #:
15 Properties
Dir:
Street Name:
Various See Below
City:
Dothan
State:
AL
Zip Code:
36301
Subdivision:
Various
Elementary School:
Selma Street Elementary
Middle School:
Dothan Prep/Carver 9th
High School:
Dothan High School (Grades 10 - 12)
Bedrooms:
42
Full Baths:
20
Half Baths:
1
Listing Office:
Coldwell Banker/Alfred Saliba (#:6)
Listing Agent:
Gary Saliba (#:493)
Public Remarks:
This listing is for a package of 15 single family residential properties in Dothan, AL currently under experienced management. As talk of future interest rates cuts persist, it may be time to consider a safe, higher return on your hard earned dollars than the CD's at the bank or bonds to fund retirement and and to pass on to your heirs. 15 properties spread the risk versus one apartment complex and residential is something people have to have and is not as risky as commercial investment being more subject to economic cycles. With professional management involved, this transaction will be stress free and simple. You basically have to sign some paperwork, then start receiving the monthly bank deposits from property management. Also, it may be prudent to talk to your accountant about the tax benefits of this type investment. Current rent is $11, 695/Mo. Addresses are 1210 & 1315 Petty St, 124 & 205 Emmons Dr, 100 Pearce St, 1107 Tate Dr, 208 Hill St, 707 Chinook St, 1019 Sunset Dr, 1836 W Selma St, 819 Memphis St, 316 Sixth Ave, 606 Haven Dr, 1200 Bruce St & 306 Mustang Dr.
Area:
3 SE-Inside Circle
County:
Houston
Apx Acreage:
0
Lot Size:
0
New Construction:
No
Apx Year Built:
0
Apx H/C SqFt:
19041
Apx Age:
10+ yrs
Style:
Other-See Remarks
# Stories:
One
Exterior:
Other
Floors:
Other-See Remarks
Garage/Carport:
Other-See Remarks
Fireplace:
Other-See Remarks
Pool:
None
Other Rooms:
Other-See Remarks
Patio:
Other-See Remarks
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