Skip main navigation
Off market
  • $168,100

    13656 County Road 93, Lillian, AL 36549

    37beds
    20,000sqft
    MultiFamily
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $8/sqft
    $1,581 Estimated rent

    Owner options

    List your home for rent

    $1,581/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,581/mo

    Rent Zestimate®

    Refinance and save

    $757/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $757/mo

    Est. payment

    What's special

    Turnkey Investment Portfolio – $136k Net Annual Income Incredible cash-flowing portfolio in fast-growing Baldwin County! This 14-unit package includes 2 single-family homes, 3 duplexes, and 6 double-wide mobile homes, all fully rented with stable tenants and no major deferred maintenance. Current net operating income is $135,891/year, offering an attractive return at an 8.5%+ cap rate. Located in Lillian, AL, just minutes from the Florida line and the beaches of Perdido Key and Pensacola, this property is ideal for investors seeking stable returns and low competition. Management can be easily outsourced, or self-manage to realize a 9.5% cap rate. There's open space available to add additional income producing units. Additional upside potential on the existing units still exists as well. These are always quick to rent and demand is high. Full rent roll, expense breakdown, and leases available upon request. Priced to sell — don’t miss this opportunity to acquire a high-yield, diversified rental portfolio in a growing Gulf Coast market.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 37
    • Bathrooms: 27
    • Full bathrooms: 27
    Heating
    • Forced air, Electric
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 20,000 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 5 Acres
    Details
    • Parcel number: 5205220000011001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Piers
    • Roof: Composition
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Lillian

    Other

    Other facts
    • Cooling System: Air Conditioning
    • Garbage included in rent
    • Laundry: In Unit
    • No Utilities included in rent
    • Parking Type: Garage
    • Sewage included in rent