Investment Properties /AL /Colbert County /Muscle Shoals /401 W Grand Ave
Investment Properties /AL /Colbert County /Muscle Shoals /401 W Grand Ave

401 W Grand Ave - Specialty FOR SALE


Muscle Shoals, AL 35661 | 
$210,000 USD
256-668-2858
401 W Grand Ave, Muscle Shoals, AL for Sale
$210,000 USD
Specialty - FOR SALE
1/20
null | 8.31% Cap Rate
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401 W Grand Ave
Muscle Shoals, AL 35661

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HIGHLIGHTS

  • Great location near shop, recreation
  • Large lot with plenty of room for parking
  • Possible turn to duplex or add a house on joining lot that comes with it.

OVERVIEW

This Air BNB is set up and ready to go with a great 8 month track record of increasing income. Super host is already established and has cleaning after each guest set up. NOI is based on the last 3 months with insurance, management fee, cleaning fee and taxes projected for the next 12 months.

FOR SALE DETAILS

PRICE

$210,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rhythm and Blues on Grand Avenue

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

07-08-34-4-001-027.000

ASK ABOUT THIS PROPERTY

Richard McDonaldSVN | AVAT Realty, LLCMore Info
256-668-2858

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Richard McDonaldSVN | AVAT Realty, LLCMore Info
256-668-2858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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