97 Johnson Drive
Cherokee,
AL
35616
Property Details
List Price: |
$220,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Engel & Völkers Lauderdale |
Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
-- |
Notes: |
Property is a stabilzed property with a room for value add. CAP rate is 6% and Pro forma CAP is 8.47%. NOI is $13,191 Currently at 100% occupancy. Pro-forma is $18,633. Either a good add on to you're current portfolio or a great break in property for the rookie investor. the other address for sale with this is 361 Johnson Dr Cherokee, AL 35616 |
MlsNumber: |
21856614 |
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Listing Provided By: |
Engel & Völkers Lauderdale, original listing |
Name: |
Engel & Völkers Lauderdale |
Office Name: |
Engel & Völkers Lauderdale |
Office Phone: |
(256) 325-0090 |
Agent Name: |
James Martinez |
Disclaimer: |
Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |