This INVESTMENT PROPERTY is on 2 acres of land approx 6 miles East of Huntsville on a paved road, with 3 site built homes and 5 mobile homes. One of the homes is from the 1980's and the other two were built in 2017. Three mobile homes are from the 1980's and have been remodeled or refurbished inside and out. One unit needs interior updating. All of the rentals are 2 bedroom, 1 bathroom except for the two newest constructed which are 2 bedroom with 2 full bathrooms. 3 rentals are on local water district service and 5 are on a common well. 3 rentals are on an aerobic sanitary system and 5 are on septic tank. The building classes are A and C. Improvements consist of over 5900 sq. ft., not including covered outside entries and decks. Currently the Gross rental is: $70260/yr. with expenses approx. $7662/yr.
Tax ID's: 62769 & 16625; The two newer site built homes were built in 2017 per CAD, t...
Tax ID's: 62769 & 16625; The two newer site built homes were built in 2017 per CAD, the other site built home was was originally built in the 1980's and has been updated since; the 2 mobile homes are from the 1980 the other three are estimated to be from that time as well. Please call Theresa Frazier, REALTOR at 936-661-0168 for more information.
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