Listed by LAH Commercial Real Estate Mountain Brook
$790,000
221 County Road 3320
Details
Property Type Multifamily
Sub Type Apartment Building
Class C
Year Built 2002
Stories 2
Acreage 1.600
Multifamily For Sale - Brundidge, AL
Marketing description
- LAH Commercial Real Estate is pleased to present this 16-unit value add multifamily opportunity, situated in the fast growing Pike County, Alabama, and is located just 16 minutes from the campus of Troy University.
- This property consists of four 3BR/1BA units and twelve 2BR/1BA units, with an on-site coin operated laundry facility in place.
- 14 of the 16 units have been rehabbed and rented, leaving 3 units in need of moderate rehab, thus providing a value-add opportunity for a new prospective investor; current rents are also slightly under market leaving meat on the bone in that value-add regard.
- Property operates on a thoroughly maintained well and septic system.
- All utilities are separately metered, and all units have central heat and air.
- The surrounding area is ± 2 miles from the Walmart Distribution Center and the Southern Classic Food Center as well as less than 20 minutes from all major employers in Troy, AL.
- Property is being offered at an attractive CAP Rate; call Broker for additional details.
Listing Contacts
Listed by LAH Commercial Real Estate Mountain Brook
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