MOBILE, AL 36604

FOR MORE INFO CALL OR TEXT CHANDLER @ (623) 304-0821

302–304 Michigan Ave, Mobile, AL 36604

Wholesale Price: $650,000 ($65k/Unit)

Property Details:

• 10-Unit Multifamily Investment Opportunity
• 10 Units Across 3 Buildings
• 8 Long-Term Rental Units
• 2 Airbnb Units (Studio & 3-Bedroom)
• Closing: On or Before 11/20/2026
• Title: Crane Title Inc.

Financials:

• Current Gross Income: $9,000–$10,000/Month
• Annual Gross Income: $108K–$120K
• 4 Vacant Units – Significant Rental Upside
• Projected Stabilized NOI: ~$70K/Year
• Projected Cap Rate: ~11%
• Income-Producing Property With Value-Add Potential

Photo Link/Rent Rolls: https://drive.google.com/drive/folders/1Ahtl49TEV4YMnF1wjaexQfCFE2ZmZxE6?usp=sharing

PURCHASE TERMS:

• Cash, Hard Money, or Non-Contingent Financing Only
• Non-Refundable Earnest Money Deposit (Refundable if Clear Title Cannot Be Conveyed)
• Buyer Pays All Closing Costs
• Sold Strictly AS-IS
• No Option Period

Buyers must conduct their own due diligence before signing a contract. ARV is an estimate and is not guaranteed.

INTERESTED? CALL OR TEXT CHANDLER!

(623) 304-0821

chandler@gentryaz.com

VIEW MY OTHER AVAILABLE DEALS: https://investorlift.com/marketplace/company/2391?prev-deal-id=286320

First Come, First Served – Reach Out Today!