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Executive Summary

AWESOME PACKAGE!!!
4 duplexes and a triplex. ONLY $27K PER UNIT!!! Located in beautiful Dothan, AL home of the National Peanut Festival. 6 x 2bed/1bath and 5 x 1bed/1bath units. 2bed just rented for $750 and 1beds for $650!!!! Low expenses. PROPERTY WILL GENERATE A 20%+ NET RETURN ON INVESTMENT!!! $180K IN VALUE ADD!!! Dothan MSA is home to a population of 145k people.
Property management and financing is available.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $90,600 $9.02
Other Income - -
Vacancy Loss - -
Effective Gross Income $90,600 $9.02
Taxes $1,311 $0.13
Operating Expenses $14,240 $1.42
Total Expenses $15,551 $1.55
Net Operating Income $75,049 $7.47

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $90,600
Annual Per SF $9.02
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $90,600
Annual Per SF $9.02
Taxes
Annual $1,311
Annual Per SF $0.13
Operating Expenses
Annual $14,240
Annual Per SF $1.42
Total Expenses
Annual $15,551
Annual Per SF $1.55
Net Operating Income
Annual $75,049
Annual Per SF $7.47

Property Facts

Price $294,900
Price Per Unit $26,809
Sale Type Investment
Cap Rate 23.46%
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.31 AC
Building Size 10,041 SF
Average Occupancy 100%
No. Stories 1
Year Built 1903
Parking Ratio 1.1/1,000 SF
Zoning c - business commercial

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $650.00 -
2+1 6 $750.00 -
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
09-06-23-1-003-002-000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$7,000 (2025)
Annual Taxes
$1,311 ($0.13/SF)
Tax Year
2026
  • Listing ID: 41011632

  • Date on Market: 6/22/2026

  • Last Updated:

  • Address: 1103 W Burdeshaw St, Dothan, AL 36303

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