1100 Co-Rd 24 Clanton, AL 35045
This exceptional investment opportunity presents a portfolio of 91 units encompassing a mobile home park, apartment building, and single-family rentals, strategically located in Clanton, Alabama, at 1100 Duren Rd & 612 CO-RD 24, zip code 35045. Currently boasting a 46% occupancy rate, this property generates a substantial net operating income (NOI) of $243,000, translating to an attractive cap rate exceeding 18%. The portfolio's diverse unit mix caters to a broad range of tenants, offering stability and potential for growth. The asking price for this entire portfolio is $750,000. This auction sale presents a unique chance to acquire a well-established, income-producing asset in a desirable location within Chilton County, Alabama. The property's strong financial performance and diverse unit types make it an ideal investment for experienced real estate investors seeking significant returns. Detailed financial statements and property information are available upon request. This is a rare opportunity to acquire a substantial multifamily portfolio at an attractive price point. Don't miss this chance to add a high-performing asset to your investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.