6391 Alexandria Jacksonville Hwy Jacksonville, AL 36265
This exceptional 8.9-acre industrial property in Jacksonville, Alabama, presents a significant investment opportunity. The main house boasts 3200 square feet of living space, featuring hardwood floors, a spacious living room with a wood-burning fireplace, four bedrooms, and two full bathrooms. A full basement offers additional living space, a second kitchen, and a storm shelter, providing ample room for expansion or additional rental units. The property also includes a three-bay garage and a barn, offering versatile storage and workshop space. Currently generating income from eight tenant-occupied rental units – three mobile homes and five tiny homes – this property offers immediate cash flow. The existing infrastructure is complemented by a pond situated on the expansive acreage. The wooded area at the rear of the property provides significant potential for future expansion of the existing rental units, allowing for increased revenue generation. This turnkey operation is ready for a new owner to capitalize on its existing income and substantial growth potential. The property is located at 6391 Alexandria Jacksonville Highway, Jacksonville, AL. The asking price is $635,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
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