The median home value in Cherokee, AL is $81,000.
This is
lower than
the county median home value of $144,838.
The national median home value is $308,980.
The average price of homes sold in Cherokee, AL is $81,000.
Approximately 70% of Cherokee homes are owned,
compared to 18% rented, while
13% are vacant.
Cherokee real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cherokee real estate agent to arrange a tour today!
Learn more about Cherokee.
Property is a stabilzed property with a room for value add. CAP rate is 6% and Pro forma CAP is 8.47%. NOI is $13,191 Currently at 100% occupancy. Pro-forma is $18,633. Either a good add on to you're current portfolio or a great break in property for the rookie investor. the other address for sale with this is 361 Johnson Dr Cherokee, AL 35616
Escape to the country in this spacious rancher located on over an acre of privacy surrounded by nature. This solid home features multiple large living spaces, including a sunroom. The layout is perfect for cozy gatherings and entertaining. The detached shop has 2 bays, a workshop and designated office space. Bring the R.V., as it has its own spot ready to go with power and concrete pads. Located only a mile off Natchez Trace in the Maud Community creates an easy commute to the Shoals, Tupelo and smaller neighboring towns only 10 min away. Hunting and fishing are close by and will have you enjoying the life in no time. See it today.
