Historical Multifamily Sale Listing - Camellia Court Apartments

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Camellia Court Apartments

1101 Government Street, Mobile, AL 36604

N/A

48 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
48
Building Size:
43,290 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
8.90%
Occupancy:
71%
No. Stories:
2
Year Built:
1949
Lot Size:
1.59 AC
Listing ID
16084294
Last Updated
over 1 year ago

Description

This charming Old World courtyard-style apartment complex comes complete with huge live oak trees, high ceilings, and hardwood floors. It is located within walking distance of downtown Mobile, on historic Government Street in Mobile' s Oakleigh Garden Historic District. Surrounded by off-street perimeter parking, the property provides a protected pedestrian-oriented courtyard with large shade trees. A savvy investor can improve the units and buildings, upgrade the image and tenancy, and add significant value to this property.

Mobile, Mobile County, Alabama at cross street of Governement Street and George Street

Map of 1101 Government Street, Mobile, AL 36604 (Mobile County)

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