1181 MONTLIMAR DR

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1181 MONTLIMAR DR

MOBILE, AL 36609-1710
Asking Price
$975K
Asset Type
Traditional Office Retail
Class
Class B

What's Special

+/-8,000 sq ft Warehouse & 4,000 sq ft Office FOR SALE <p><span style="color: rgba(51, 51, 51, 1)">This well-positioned office/warehouse property offers a rare combination of professional office space and clear-span warehouse in a single ownership opportunity. Located at 1181 Montlimar Drive in Mobile, Alabama, the property features excellent access and a flexible layout suitable for a wide variety of commercial and industrial users. The site benefits from a cross-access easement with the adjoining Mobile Fixture & Equipment property for convenient

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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