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809 CARSON ST Andalusia AL 36420

[Locked] • APN 23-13-04-20-4-005-001.002

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 2,640
Lot SqFt 104,544
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 1990
Building Count 7
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Type
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Mortgage Interest Rate
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Mortgage Lender Name
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Loan Amount
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Mortgage Book
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Mortgage Document Date
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Mortgage Document Number
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Recording Book
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Recording Page
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Mortgage Estimated Interest Rate Indicator
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Resale Flag
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Seller 1 Corp Indicator
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Seller 1 Name
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Mortgage Page
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Sold By
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Sold To
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Property Type
Property Type
Multifamily
Marketing Description

Upcoming Tour Dates: Oct. 29th - Nov. 1st


For any property-related queries and tour scheduling, contact Paul McDonald at 256.609.2529.


Captain's Quarters offers 32 units of 1 & 2-bed floor plans. With approximately $70k in CAPEX in the last 3 months and 11 units turned and rented, the property is well-maintained and kept clean. The property was recently painted with resided partial exteriors. New concrete pads was added to selected HVACs. Interior upgrades include new appliances, sheet rock, and vinyl flooring.


Located in the southern-most part of the state of Alabama, Andalusia considers itself the "Heart of South Alabama." Also known as the Economic Center of Covington County, Andalusia is the County Seat and largest city in Covington County, Alabama. Approximately 87 miles from Montgomery, AL, 123 miles from Mobile, AL, and 165 miles from Tallahassee, FL, Andalusia has a population of about 9,000 and employs about 3,600.


Andalusia has an excellent city school system that consistently performs well above the state and national averages on standardized tests and other assessments. There is also an excellent general aviation facility at South Alabama Regional Airport, a public airport located four miles east of the central business district of Andalusia. About $1.8 million has been invested in the city's Downtown Revitalization Project.


Links:

Captain's Quarters Drone Video

Link to Property Website

Investment Highlights
  • 32 Units
  • Built in 1990
  • 1 & 2-Bed Floor Plans
  • Outdoor Features: Balcony & parking
  • Interior Features: Carpet, tile floors, washer & dryer hookups
  • Amenities: On-site laundry facility, trash removal, & cable ready

Loan History

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Financial History

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****** Data
Net Operating Income
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Reporting Date
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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
PM
Paul McDonald
•••.•••.2529
••••.••••nald@•••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Enterprise, AL.
Enterprise, AL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Enterprise, AL (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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