Multifamily Housing
1253 Cottrell Street Mobile, AL 36605
Details & Description
Price: $1,390,000
    Current management feels that substantial rental increases are warranted, leaving plenty of meat on the bone for new investors. Some of the homes have newer updates, varying from exterior to interior finishes, but there is certainly value add left for prospective purchasers.
    Property Highlights
     16 single family rental homes for sale in the booming rental market of Mobile, AL.
     14 of 15 homes are occupied and all of them have professional management in place.
    Additional Photos
    Listing Agents
    Alex Kyriazis

    O: 251-591-9390
    alexk@lahcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1253 Cottrell Street

    Mobile, AL 36605

    No Longer Listed
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    Price
    $ /mo
    Property Highlights
    Call for SF and Acreage
    16 single family rental homes for sale in the booming rental market of Mobile, AL.
    14 of 15 homes are occupied and all of them have professional management in place.
    All homes located in good public school systems.
    Call or email brokers for more property details and financials.
    Description

    Current management feels that substantial rental increases are warranted, leaving plenty of meat on the bone for new investors. Some of the homes have newer updates, varying from exterior to interior finishes, but there is certainly value add left for prospective purchasers.

    Attachments & Files

    Mobile Area Market Trends

    Listing Demographics for 1253 Cottrell Street Mobile, AL 36605

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,14047,24698,945
    Population Median Age363838
    Population by Age0-9 Yrs1162 (16%)6023 (12%)12458 (12%)
    10-19 Yrs856 (11%)5798 (12%)11624 (11%)
    20-29 Yrs1079 (15%)7039 (14%)16282 (16%)
    30-39 Yrs850 (11%)6435 (13%)12934 (13%)
    40-49 Yrs1001 (14%)5753 (12%)10717 (10%)
    50-59 Yrs828 (11%)5882 (12%)12888 (13%)
    60-69 Yrs928 (12%)6220 (13%)12316 (12%)
    70+ Yrs436 (6%)4097 (8%)9725 (9%)
    Median HH Income$20,371$39,825$38,915
    Total Household Income< 24K1552 (55%)6946 (36%)14369 (35%)
    25-49K693 (24%)4486 (23%)10039 (24%)
    50-74K304 (10%)2880 (15%)6685 (16%)
    75-99K136 (4%)1661 (8%)3454 (8%)
    100-199K85 (3%)2533 (13%)4693 (11%)
    200K+13 (0%)637 (3%)1148 (2%)
    Highest Education LevelNo Diploma102443288841
    Diploma or GED20841098922632
    Some College956601313281
    Assoc. Degree34822185534
    Bachelors Degree133557610771
    Higher Degree16433256366
    Total Housing Units3,92524,06649,906
    --Owner-Occupied9029,06118,502
    --Renter-Occupied1,88110,08221,887
    Owner-Occupied Values< 100K71340018822
    100-199K13229265567
    200-299K3912242048
    300-399K2413800
    400-499K2243614
    500K+14254650
    Total Working Age Population5,37337,71079,586
    In Work Force2,62821,62144,891
    Not In Work Force2,74516,08934,695
    Workforce Employed2,22020,04141,583
    Workforce Unemployed3991,5253,221
    Civlian Workforce2,62021,56644,804
    Military Workforce95587
    Total Households2,78319,14340,388
    Family Households1,49710,13521,652
    Non-Family Households1,2869,00818,737
    Married Couple4105,29411,474
    Other Family1,0874,84110,177
    Married w/Child1201,6103,261
    Single Male w/Child10324756
    Single Female w/Child4362,1174,225

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Mobile County399,843+3412,992+1416,420+2423,249
    Baldwin County140,415+30182,265+22222,554+18261,777

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1253 Cottrell Street in Mobile?
    The asking price for 1253 Cottrell Street is $1,390,000
    What is the building size of this Multifamily property in Mobile, AL?
    The size of the building/unit at 1253 Cottrell Street in Mobile is 15,000 square feet
    What is the population within 1 mile of 1253 Cottrell Street in Mobile?
    The population within 1 mile of 1253 Cottrell Street Mobile, AL 36605 is 7,140 people.
    Who do I contact for questions about 1253 Cottrell Street?
    You should contact the listing agent, Alex Kyriazis, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Mobile Regional Airport (MOB) 11
    Gulfport Biloxi International Airport (GPT) 62
    Destin-Ft Walton Beach Airport (VPS) 93