florence al real estate: Housing market recovery in Florence Alabama (The Shoals, AL) - 03/09/12 01:41 PM
As we all hear in the news today, some markets are doing better than others and some are still not doing very well.  In the Shoals area home market, which consists of Florence, Killen, Muscle Shoals, Sheffield and Tuscumbia Alabama, things are moving along right nice.  This year compared to last year has seen an 18.54% increase in dollar volume sales.  Median and average home prices are rising and our inventory is starting to decline.
Of course, with spring approaching, all markets will pick up along with housing inventories.  Some sellers I've spoken with have chosen to wait till spring to … (0 comments)

florence al real estate: Great home in Florence, AL - 02/27/12 01:37 PM
Move In Ready! This well built, solid home, has 3 bedrooms and 2 and a half baths. Come see the beautiful hardwood floors in the kitchen and two bedrooms! The nice open floor plan is very inviting for a large or growing family and is great for entertaining. Additional playroom/rec room on the back of the house offers a great spot for kids. Back bedroom has a walk out to the back patio and private backyard. Gas logs in the great room. The backyard is fully fenced and has an additional storage/workshop building with electricity. This property can be accessed by … (0 comments)

florence al real estate: Florence AL Real Estate Investment Opportunity - 02/27/12 01:16 PM
I'm currently offering for sale an 8 unit apartment complex within 3 blocks of the University of North Alabama. Each unit has 2 bedrooms and 1.5 baths and is 1000 square feet. All appliances stay. Central Heat & Air. Rents vary per unit but start at $375 and go up to $425. There's a great opportunity for someone to buy these units below market value, give them a little TLC and reap the rewards at a later date. Check it out and let me know what you think. These apartments are in downtown Florence, AL. Feel free to email me or … (0 comments)

florence al real estate: Florence Alabama Waterfront Property - 02/26/12 07:08 PM
Beautiful lake lot with power and water available. Full Details
http://www.sellingflorencealabama.com/listing/mlsid/509/propertyid/379254/syndicated/1/cgltguid/B99EDE74-3CA5-497F-9206-10189EB6B7DB/?ts=crg

Listing Courtesy of JAMES BOBO II, BOBO REAL ESTATE COMPANY
… (2 comments)

florence al real estate: Florence, AL Real Estate Investments - 07/06/11 02:21 PM
 
Florence, AL Real Estate | Good Investment?

While at a closing last week I was speaking to a couple who was purchasing some Florence, AL real estate to build their home on.  Our conversation moved towards accumulating and investing money.  They were of the mind of investing their money into CD’s and interest bearing accounts which is a very safe and smart thing to do.  But, as of this writing these types of investments pay very poorly with inflation almost exceeding your moneys growth.  Upon learning their investment ideals and understanding I suggested that they look into investing into … (0 comments)

florence al real estate: Investment Opportunity in Florence AL - 06/21/11 11:57 AM
 
Bobo Real Estate Company has just listed a Multifamily complex in Florence AL.  It's an 8 unit complex with each unit containing two bedrooms and one and a half baths.  The floor plan consists of a living room, half bath and kitchen on the main level with a patio and storage room out back.  Upstairs it offers two bedrooms with one full bath as well as room to store your linens.  This property is located three blocks from the University of North Alabama and is within walking distance of the heart of Historic downtown Florence.  Check them out! The Income … (1 comments)

florence al real estate: What is a "Cap Rate" and how does it affect the value of your Commercial Property? - 06/17/11 05:47 PM
 
A few months back I remember meeting with a couple that wanted to sell their apartment complex in Florence, AL.  During our meeting we discussed many things that related to their property.  While discussing price I asked how they had arrived at their asking price.  They said that the previous real estate agent had looked at the tax records and based the asking price on the assessed value (tax record).  Not a very accurate appraisal of the properties value.  Based on my experience with local assessed values, they can over and under estimate a properties value by as much as … (2 comments)

florence al real estate: Step back into 1950 with this Lustron Home in Florence, Alabama! - 05/27/11 11:00 AM
 
A few weeks ago we listed a really unique home on 1145 Wildwood Park Road in Florence, AL.  It’s called a Lustron Home.  Lustron manufactured one of the first prefabricated homes in the USA.  They had a plant based in Columbus, Ohio after WWII where they manufactured these all metal homes.  Once the parts and pieces were manufactured, they were loaded onto specifically designed trailers and trucks that rolled down an assembly line as the parts were loaded.  
 
 
This “Home Hauling Truck” weighed in at 46,000 pounds when fully loaded!  When the home kit arrived at its … (0 comments)

 
James%20bobo%201

James W. Bobo II

Florence, AL

More about me…

Bobo Real Estate Company

Address: 102 South Court Street, Suite 308, Florence, AL, 35630

Office Phone: (256) 764-0500

Cell Phone: (256) 335-2637

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