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3117 SPRING HILL AVE MOBILE AL 36607-1807
MOBILE, AL 36607-1807
Asking Price
$285K
Asset Type
Retail
Class
Class B
What's Special
High Traffic Retail / Office location in desired Midtown Mobile, AL <p><strong>Property Overview:</strong></p><p>Located in desirable Midtown Mobile, this property benefits from a well-established neighborhood known for its tree-lined streets, historic charm, strong community presence, and convenient central location. Midtown offers a blend of classic architecture and modern amenities, with convenient access to major thoroughfares, shopping, medical facilities, schools, downtown Mobile, and the Port of Alabama.</p><p></p><p><strong>Property Highlights:</strong><
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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706
