Turnkey renting for 1000 mo retail worth 150k...what can I expect

[Zachary Phelan]

I have a turnkey property. It is renting for $1000 a month with a property management company in place, taking their 10%. The property retails for well into the 150's .

I want to sell it as a turnkey, what kind of offers can I expect? Located in Birmingham Alabama. 

Any help greatly appreciated! 

[Lane Kawaoka]

A savvy investor would not even give it a second look (inquire about Sf or bed/bath) unless it was priced at 80-110k). Just saying.