Residential Land for Sale in Mobile, Alabama

Seller is offering Owner Financing on this on this approximate 6.3 Wooded & Private Acres close to the corner of University Blvd & Cottage Hill Rd. Owner Financing terms are: 20% down (46,800) + (1,000) in Closing Cost for a total of (47,800) out of pocket. 5% fixed interest rate over 5 Years with a monthly payment of (3,532.69) a month. No early pay off penalties. Property has some gorgeous and mature oaks through out the property. This sale includes PPIN # 02509994 & PPIN # 00600148. Property sits in the center of a well established Neighborhood called Monarch Subdivision. Property has 3 entrances. One is at the corner of Montara Dr & Wolf Creek Dr N. Another one is at the end of Monarch Dr W. The third entrance is at the end of Jalama Dr. Great place to build you home on some acreage in the city limits. Have your homestead on some land but just minutes to all the amenities everyone enjoys. Close to shopping and a quick commute to downtown Mobile. Can buy this property and develop the property into residential lots. The seller has gone through the City of Mobile and has a been approved for a 21 lot subdivision.