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23030710
23030394

1900 Old Shocco Rd, Talladega, AL 35160 For Sale

AB
TN 312381
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown
$1,150,000
356 days on market
Updated 53 days ago

17 UNIT BRICK CONCRETE CONSTRUCTION

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,200
Units 17
Cap Rate 11.00%
NOI $122,659
Occupancy 92%
Broker Co-Op Yes
Class B
Year Built 2008
Buildings 1
Stories 1
Acreage 1.100
Zoning multifamily
Investment Type Stabilized

11% CAP BRICK CONCRETE METAL CONSTRUCTION

Marketing description

**SEE ATTACHED DOCUMENTS**17 Units ALL STEEL BRICK, CONCRETE and METAL Roof Contruction, High quality Septic System. Multiple units have been remodeled recently. All Units Individually metered for electric, single water meter. Owner allows some tenants to pay bi weekly and weekly . See Rent Roll and Financial Summary ATTACHED. Land Lord does pay water and electric....

• BRICK, STEEL, METAL ROOF CONSTRUCTION

Investment highlights

ALL BRICK, CONCRETE METAL CONSTRUCTION

Listing Contacts

AB
TN 312381
Keller Williams Realty Greater Downtown
Listed by Keller Williams Realty Greater Downtown

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$122,659.00
$10,221.58/mo

Valuation Metrics

0
DSCR
10.67%
Cap Rate
10.67%
ROI

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