All Forum Posts by: Mark Davis

• Epsilon is a fully renovated, five-unit boutique apartment located at 104 N Ann Street Mobile Alabama
• The current ownership saw its potential from the desirable location, which is within minutes of several major area hospitals, and chose to lease the units to traveling nurses and corporate tenants in a mid-term leasing model.
• The immediate upside for the property is to shorten the minimum stay requirement and capture more of the nightly rentals in the area
• Buildable Lot in front of Property
• Potential to execute a “Hybrid Model” and fill any vacancy with 3-night stays 8% Cap Rate
• 12% Pro Forma Cap Rate
• All Furniture conveys with the property.
• Offers must be submitted by 5/15/2023
• Asking $750,000
• https://vid.us/ud9mfx (Click the link for video and more information)

• 2980 Harmon Williams Road
• 3/2 Home. 1,365 sf
• Extras include Storage Shed with metal roof and Chicken Coop
• On Well and Septic
• ​Partially wooded lot.
  
• ​Metal Roof and HVAC less than 6 years old
• Asking $140,000
• ARV $198,000
• ​Estimated Rent Report Link​​​ ($1,100 mo.)
  
• ​Home and Area Report Link​​​
• Zillow Pictures Link
• ​​Current Pictures Link

• 5 acre Mobile Home park for sale
  • ​Consisting of 8 Park owned mobile homes on 5 acres generating $4,645.00 a month in rental income.
  • 7 homes are currently being rented with the 8th home under renovations.
  • Road frontage on Jack Williams rd and frontage on Juniper Creek Road..
• Water, garbage and lawn maintenance are paid by park owner.
  • Garbage is $131/month (dumpster onsite),
  • Taxes & Registration $1046 annually,
  • ​Water $42/month (trailers are on city water), and each lot has its own septic tank.
  • 1 Septic tank was drained and inspected in 2022, 1 in 2021, and 1 in 2020.
• All trailers are single wides and have metal overlay roofs
• 5 homes having central heat and air
  • 2 others are on ​window units.
• 3 homes were updated in 2022 and rent increased and the others will be as renters move out.
• There is an 8th trailer being renovated that hasn’t been rented in a few years because it was used as storage.
  • The expected rent will be $800 a month.
• There is 3 additional acreage to be used for expansion or add RV spots.
• ​Asking $395,000.00
  
• Park Trailer Inventory & Expenses
• ​Park Brochure
• https://vid.us/ffwrf6 (Click the link for video and more information)

• Investors interested in investing in rental property? This could be a great opportunity to generate steady rental income and build wealth over time.
• With this fully occupied property, you can start earning rental income right away and potentially see a return on your investment in a relatively short amount of time.
• This duplex is ready to go with signed leases and paying tenants.
• The roof was replaced 6 months ago per the owner
• HVAC units will be replaced in June of 2023.
• These units have no carpet in them and are relatively maintenance-free.
  • The stove, Furnace, and water heater are gas, everything else is electric.
  • The tenant pays all utilities.
• ​Each side is a 2 bedroom 1 bath unit with no carpet, including a kitchen area, laundry area with washer & dryer, an eat-in area off of the kitchen, and a back door from the kitchen to the private backyard with a grilling deck.
  • Renters are Section 8 and total rents are $1,495 per month
  • 48hr notice to view
  • Unit A new lease 4/1/23, Pays $747.50
  • Unit B renewed lease 4/1/23, Pays $747.50
  • Leases are 12 months
  • ​Auto-renewal w/30 day notice
• ​Asking $185,000
  • ​Brochure Link with Pictures...​​​​
• Room to raise rents
  
  • ​​ (Click Link to See Report)​​​
  • https://vid.us/931d7r (Click link for more information)

​Amazing Opportunity...

​Link to Home Details

​3/2 Current Rent $650. Could bring $1,500 mo.

​3/2 Rental Projection​​​

1/1 Current Rent $650. Could bring $900.00+ mo.

1/1 Rental Projection

Asking $85,000

I have lenders if you need one.

Don't let this one get away—pictures and walk-through with an offer.

Why are people moving to Baldwin County?

​Low property taxes

We need workers (Lots of retirees are moving here)

​Great weather

More home for the money

​Fastest growing county in Alabama

​​LINK To...Wall Steet Journal Article about Baldwin County​​​

Bay Minette Announcement link...

​Novelis, Inc., is an Atlanta-based industrial aluminum company​​​

Mobile, AL (Also a great place to live and invest)

​Airbus​​​

​Austal

• This manufactured home has 1,740 square feet of living space,
  • ​3 bedrooms
  • 2 full bathroom
  • a separate living room
  • a kitchen with a breakfast bar
  • a den with a fireplace.
  • The primary bedroom has a private bathroom with a garden tub a separate shower and a walk-in closet
• ​Sitting on a level 2.65 acres
• ​"The offer you don't make is the DEAL you won't get"
• ​Link to pictures and home facts​​​
• ​​Elberta Land Comps​​​
  • Land in the area goes for $27,000 per acre
  • https://vid.us/wuisyl (Please click the link for more information)

• Enjoy rural living on 2.7 acres convenient to area attractions like OWA and Pirate’s Cove!
• 1-5 acre land plots in the area average $27,000 per acre
  
  • ​​Link to Elberta Land Comps​​​
  • ​Land Comp Chart​​​
• This unique property has a well-maintained 2BR 2BA mobile home plus an attached 1200+/- sq.ft. an addition that was constructed in 2001.
  • It features an oversized bonus room, full bathroom, large closet, laundry room, and a two-car garage.
  • With minimal work, the addition has the potential to be a second primary suite, a den, or a studio apartment.
  • ​Estimated rent on 2/2 - $1,500 mo.
  • ​Estimated rent on the Studio Apartment - $800.00
  • Plenty of open space for RV or Boat storage
  • Baldwin County allows for 2 domiciles on one parcel. There is space to build a second home/mobile home/tiny home
  • ​Link to pictures and home facts​​​
• ​Asking $175,000
  
• There is also a pump house, as well as a workshop building on the property that has two roll up doors, enough space to store lawn equipment and tools, and currently has electrical service.
• ​https://www.neighbor.com
  • ​Neighbor.com is like the Airbnb of storage space.
• Great location offering easy access to the Baldwin Beach Express, Mobile, Pensacola, and the Alabama Gulf Coast beaches are only a short drive away.
• Schedule your appointment today!

https://vid.us/oft3q4 (Click the link below for more information)

• ​Nice 3/2 home on a beautiful lot
• ​Asking $94,900
• ARV estimate $150,000 +/-
  • ​Link - CMA Report for the home​​​
• ​
• ​​​​​I have references to local contractors, painters, plumbers, electricians, etc.

https://vid.us/h2nnx2 (click the link for more information)

• LOOKING FOR A LONG-TERM INVESTMENT OPPORTUNITY?
• This property has a furnished 2020 2 BR, 2 Bath mobile home with farmhouse sink, stainless steel appliances, washer & dryer, front porch
• ​​Link to Bon Secour Rental Estimate (​​​Rental Home estimate $2,300 mo.)
• 8x8 storage shed
• ​Within 2 miles from the public boat launches & seafood markets.
• 1/4 mile to the Tin Top restaurant and post office, across the street from the elementary school.
• Fenced with a 9' privacy fence which has 6x6x16 posts with rubber seals in the ground so the fencing never rots.
• 2 RV hookups with water, power, and sewer, one long-term, and one short-term, with a 50/30 amp service.
• The grinder pump is set up for 6 inlets.
• ​Just 7.4 miles to the OWA water park & shopping and dining, and 20 minutes to the beautiful Gulf of Mexico.
• RV pads rent for $675 each monthly. Nightly rental is also possible
• ​Room to add an additional 5 - 10 RV/Boat Storage spaces. Area rents for open spaces go for $60.00 per month.
  
• Total Monthly Rental Projections:
  • ​House: $2.300.00
    
  • ​2 RV spots: $1,350
    
  • 10 Boat/RV Spots: $600
    
  • Total: $4,250 mo.
    
• Owners currently occupy the mobile home.
• Short-term rentals for RV pads and mobile homes could be very lucrative.
• ​Asking $329,000
• *** Rental history & projections available upon request.
• ​​
• https://vid.us/k4kvd0 (Please click the link for video and more information)