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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33163528
33163537

Sheffield Pointe, Sheffield, AL 35660

MG
AL 000164903-0
MarMac Real Estate
Listed by MarMac Real Estate
$1,899,990
7 days on market
Updated 2 days ago

Sheffield Pointe

Details
Property Type Multifamily
Sub Type Apartment Building
Units 50
Tenancy Vacant
Class C
Year Built 1950
Acreage 3.670
Parking Spaces spaces

50 Units Value-Add Multifamily Opportunity – Investor Quick Sale

Marketing description

Exceptional value-add investment opportunity featuring a 50-unit apartment complex across 7 buildings occupying an entire city

block with road frontage on four sides. Prime location next to the elementary and middle schools and just steps from the

community pool and tennis courts, making this an attractive future rental location for tenants. Investor special with tremendous

upside potential. Current owner vacated all units in preparation for a large-scale renovation project; however, unexpected

circumstances have created an opportunity for a new investor to step in and complete the vision. Property is priced for a quick

sale. With multiple new companies and continued growth coming to the area, this property offers strong potential for future cash

flow, appreciation, and high cap rates once renovations are completed. Contact listing agent for proforma details, scope of work,

and previous rental income information prior to vacancy. Property sold as-is. Buyer to verify all information.

Listing Contacts

MG
AL 000164903-0
MarMac Real Estate
Listed by MarMac Real Estate

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Additional Information

Name
Melissa Goduti
License
000164903-0
Brokerage
Marmac Real Estate
Brokerage Phone
2562840351
Title
Commercial Real Estate Agent
Brokerage Address
417 East Mobile Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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