Share This Listing

Message

948 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Dead-end street.
  • Energy efficient
  • Surrounded by nature

Executive Summary

Highly desirable apartment complex, new construction low maintenance 1 bed 1 bath duplexes. 90% occupied with long term tenants in a very convenient location in the county! Call today for more info or showing!

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,000,000
Price Per Unit $83,333
Sale Type Investment
Cap Rate 8.50%
Sale Condition Business Value Included
No. Units 48
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Building Size 27,648 SF
Average Occupancy 90%
No. Stories 1
Year Built 2023

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Granite Countertops
  • Range
  • Freezer
  • Vinyl Flooring

Site Amenities

  • Private Bathroom

About 122 LISA CT , DOTHAN, AL 36305

24-1 bed 1 bath duplexes Full laundry room with hookups Full kitchen Full bathroom Vinyl Plank Flooring throughout Granite Counters Custom/Solid wood cabinets

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 48 $787.50 500 - 550
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
  • Listing ID: 40395045

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 122 Lisa Ct, Dothan, AL 36305

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}