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2989 Highway 21
Atmore, AL 36502
Asking Price
$280K
Asset Type
Retail
Class
Class B
What's Special
Retail <ul><li>Highlights: In business since 1997 with loyal customer base. 2 split dining areas seat 80. Kitchen includes 6-burner gas stove, fryers, refrigeration, prep stations (inventory in docs). Asphalt parking lot with 2 entrances. Currently open Mon--Sat for lunch/dinner & Sunday lunch--rare for Atmore! </li><li>Recent Upgrades: 2 new A/C units, new under-counter cooler, updated tables/chairs, upgraded plates & 2023 storage shed. </li><li>Prime Location: Just 4 mins from I-65/Wind Creek Casi
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NOI
$80,000
Cap Rate
28.57%
DSCR
4.81
Strong
Cash-on-Cash
75.45%
Monthly Payment
$1,385.287
Annual Cash Flow
$63,376.553
