Dawson, AL Multi-Family
47-166 County Road 1021 Dawson, AL 35963
47-166 County Road 1021, Dawson, AL, 35963
$900,000
For Sale
$900,000
MULTI_FAMILY - Dawson, AL
Property Size15,120 SF
Lot Size8.33 Acres
Price / SF$59.52
Days on Market129
Property Features for 47-166 County Road 1021
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 36
- Parking features
- Driveway
- Standard status
- Active
- APN
- 2803070000002.006
- Size
- 15,120 SF
- Lot size
- 8.33 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Year built
- 1990
- Number of units
- 18
Listing Agency
Mountain To Sea Realty
(256) 601-2242
25 Ridgeway Street, Fyffe, AL
Listed by
Aaron Pendergrass · License #96811
(256) 601-2242
Added: Mar 12 Checked: Jul 18 at 10:06 am
MLS# 21911474
Listing URL
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Investment Insights
Based on property information with market context.
This property features 18 mobile homes and is situated on 8.33 acres. The property is located in Dawson, Alabama. The total building size is 15,120 square feet. Additional information is available upon request.
Key Highlights
- Proven rental property with income potential
- Includes 18 mobile homes
- Driveway parking available
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 | $159.7k | $10.56 |
| − Vacancy | −$9.6k | −$0.63 |
| EGI | $150.1k | $9.93 |
| − OpEx | −$67.5k | −$4.47 |
| NOI | $82.5k | $5.46 |
15,120 SF · lease $10.56/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,548 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.44M
$2.13M – $2.84M
NOI $170,508 @ 7.0% cap · market cap 18.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - 18 mobile homes on 8.33 acres in Dawson, Alabama.
Where is this mobile home & rv park located?
The property is located at 47-166 County Road 1021 Dawson, AL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Proven rental property with income potential; Includes 18 mobile homes; Driveway parking available