2075 Alabama 77

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2075 Alabama 77

Attalla, AL 35954
Asking Price
$4.80M
Cap Rate
8.24%
Asset Type
Mixed-use
Class
Class B

What's Special

8.24% Cap rate, city water, new septic system, stabilized long term destination park <ul><li>​<strong>60-Acre Diversified Community</strong> featuring a diversified mix of tiny homes, RV sites, cabins, tent sites, apartment units, and ancillary business operations.</li></ul><p></p><ul><li>​<strong>Strong In-Place Cash Flow</strong> Projected to deliver an 8.24% cap rate and 9.10% Day One cash-on-cash return, providing immediate income upon acquisition.</li></ul><p></p><ul><li>​<strong>Recent Infrastructure Improvements </strong>Ownership recently installed seven new large-capaci

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NOI
$80,000
Cap Rate
1.67%
DSCR
0.28
Underwater
Cash-on-Cash
-14.23%
Monthly Payment
$23,747.781
Annual Cash Flow
$-204,973.372

Location & Travel Times