15 Properties Various See Below, Dothan, AL 36301

$1,169,500 Asking Price

42 beds
21 baths
19,041  sqft

This listing is for a package of 15 single family residential properties in Dothan, AL currently under experienced, reputable, professional 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.


Features & Amenities

Interior

General:
Other Rooms (See Remarks)
Appliances:
Other
Flooring:
Other
Fireplace:
Other, Fireplace
Disability Feature:
Not Handicap Accessible

Exterior

Style:
Other
Pool:
None
Parking:
Other

Construction

Windows:
Other-See Remarks
General:
Other, One

Location

Originating MLS:
Southeast Alabama Multiple Listing Service/Southeast Alabama AOR
County:
Houston

Lot

Zoning:
See below

Utilities

Utilities:
City Trash Service, Dothan
Water:
Public, City
Sewer:
Public Sewer

Financial

Source:
Southeast Alabama Multiple Listing Service/Southeast Alabama AOR

This listing courtesy of:
Coldwell Banker/Alfred Saliba

About Dothan, AL

Housing

Number of Units
39,139
Median Home Value
$154,531
Median Rent
$576

39.27% of housing units are renter occupied.

9.55% are vacant.

Commute

Car
86.31%
Public Transportation
0.05%
Walk to Work
0.78%
Work from Home
12.15%
Other
0.50%

The median travel time to work is 19 minutes.

People

Population
85,334
Median Age
39.00
Median Household Size
2.53

Education

High School
29.34%
Associate’s Degree
10.65%
Bachelor’s Degree
15.00%
Graduate Degree
9.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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