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For Sale
Southern Pines
20 Massey Drive,
Phenix City, AL 36869
Phenix City, AL 36869
Asset Snapshot
N/A
Multifamily Subtype
23.00 Acres
Land Area
74 Units
Unit Count
12,480 SF
Property Size
Offering Summary
Investment Overview
A 74-home tiny home community off Highway 80 and Massey Drive, with the engineering, septic permits, road, and drainage complete. Twenty-one homes are leased at $265 per week, two more are pre-leased for November, and occupancy has held at 20 to 22 homes every month since April. A ready-made income property for an investor who wants proven rents and room to grow.Investment Highlights
- Price: $3,200,000
- 21 homes occupied, 2 pre-leased
- $265 per week per home
- 74-home permitted master plan
- ±23 acres, Russell County
- Road, culverts, and septic permits in place
How it Works
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Accepting Offers
$3,200,000
Asking Price
Investment Sales Broker
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