7 Unit SFR Portfolio

For Sale

1152 Texas Street, Mobile, AL 36604

This Mobile property for sale is located at 1152 Texas Street. The current listed sale price for 7 Unit SFR Portfolio is $355,000.

Contacts

broker
Justin Toomey

SVN | Toomey Property Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 4,750 SF
  • Units 7
  • Property Tenancy Single Tenant
  • Date Updated Apr 11, 2025
Properties are located in South Oakleigh, Dauphin Island Parkway, and Theodore.Unlock the potential of this 7-unit single-family rental portfolio, strategically located in the vibrant city of Mobile, Alabama. Known for its rich history, booming port economy, and southern charm, Mobile offers a strong rental market with consistent demand. This package offers a mix of single family homes and one manufactured home that are tenant-occupied properties with room for significant value-add opportunities, making it an ideal investment for savvy investors looking to expand their portfolio. Seller Financing terms are available.
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Highlights

  • Turnkey Cash Flow: five units are currently rented, providing immediate income while you implement improvements to boost equity and rental yields. Current rents are under market at $3,315.
  • Value-Add Potential: two units are prime for updates and modernizations and are currently vacant. Allowing for an easy opportunity to increase rents and maximize returns.
  • Stable Tenancy: The properties are professionally leased and managed with vetted tenants making the transition of ownership a breeze.

Getting around

  • 62/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mobile, AL
  • Neighborhood North Industrial Area
  • Zip Code 36604
  • Market Mobile

Points of Interest

  • Mobile (opens February 2025)

    0.38 miles

  • Exxon

    0.42 miles

  • Chevron

    1.50 miles

  • Citgo

    1.51 miles

  • Shell

    1.78 miles

  • Texaco

    1.96 miles

  • CGX Gas

    3.39 miles

  • Walmart Gas

    4.22 miles

  • Mobile, AL Supercharger

    4.95 miles

  • Municipal Parking Garage

    0.25 miles

  • Parking Lot 2

    2.32 miles

  • Parking Garage

    2.37 miles

  • CGX Parking

    3.41 miles

  • Arlington Park

    3.48 miles

  • Long-Term Parking

    4.68 miles

  • Short-Term Parking

    4.69 miles

  • MOB II Parking

    5.41 miles

  • Main Parking

    5.46 miles

  • Disc Golf Parking

    7.06 miles

  • Candlewood Suites Mobile-Downtown

    0.15 miles

  • The Battle House Renaissance Mobile Hotel & Spa

    0.16 miles

  • Renaissance Mobile Riverview Plaza Hotel

    0.29 miles

  • Hampton Inn & Suites Mobile/Downtown

    0.31 miles

  • Hilton Garden Inn

    0.31 miles

  • The Admiral Hotel Mobile

    0.49 miles

  • Holiday Inn

    0.53 miles

  • Fort Conde Inn

    0.55 miles

  • Quality Inn

    0.56 miles

  • Malaga Inn

    0.62 miles

  • Greer's St. Louis Market

    0.38 miles

  • Greer's Downtown Market

    1.01 miles

  • Greer's

    1.77 miles

  • Winn-Dixie

    2.35 miles

  • Piggly Wiggly

    3.02 miles

  • Coast Guard Exchange

    3.40 miles

  • Publix

    3.52 miles

  • Greer's Market

    4.09 miles

  • Walmart Neighborhood Market

    4.22 miles

  • Belk

    5.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Justin Toomey

SVN | Toomey Property Advisors

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