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26 Estate Drive, Rainsville, AL

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26 Estate Drive

Rainsville, AL 35986-3225

Property Type:Multi-Family Number of Units:29 Status:Existing Year Built:-
Stories:- Building Size:6,000 SF Land Area:15 AC (653,400 SF)
For Sale Price:$440,000 Price/Unit:$15,172.41 Cap Rate:12.02 % GRM:-


Sale Notes:
29 Lot Park. 26 Lot rents 140mo. and 3 park owned homes 450mo. 15 acres with paved roads. City owns the roads and owner is adding 2 more spaces ready for next owner. Owner pays for security lights 120 mo. taxes are 863.00 per year. Tenants their own utilities. Owner built and developed the park.

In Rainsville Area close to Fort Payne AL

KW Commercial
Ashley Brumley
(423) 664-1900 x1112

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