1026 ASTOR AVENUE, Weaver, AL 36277
Two mobile homes with income potential near Weaver Elementary School.
- Added:
- May 6, 2025
- Days on Market:
- 430
- Last Refresh:
- May 19 at 9:46 pm
Property Features for 1026 ASTOR AVENUE
General Information
- Standard status
- Active
- Size
- 1,064 SF
- Property subtype
- Manufactured Home
Building Details
- Year Built
- 1983
Listing office KW Realty Group (256) 452-4155
Listing date May 6, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Realty Group
HighLights
- Two mobile homes included on the property.
- New central heat and air units in both mobile homes.
- Income‑producing potential with existing tenants.
- Three lots included, with septic tank in place for a possible third mobile home.
- Walking distance to Weaver Elementary School and softball fields.
- Interior remodeling in both mobile homes.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.9k | $10.20 |
| − Vacancy | −$651 | −$0.61 |
| EGI | $10.2k | $9.59 |
| − OpEx | −$4.6k | −$4.31 |
| NOI | $5.6k | $5.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Weaver
- County
- Calhoun
- State
- Alabama
- Longitude
- -85.8121
- Latitude
- 33.7578