105 Oakwood Drive
Luverne, AL 36049 ·
28 Units · Multifamily For Sale
Oakwood Apartments -- 13.08 cap
|Price||N/A||Property Use Type||Investment|
|No. Units||28||Commission Split||5%|
|Building Size||21,000 SF||Cap Rate||13.08%|
|Property Type||Multifamily||No. Stories||1|
|Property Sub-type||Garden/Low-Rise||Year Built||1980|
|Listing ID: 18021217||Date Created: 02/10/2013||Last Updated: 02/23/2014|
28 one BR, one BA apartments extensively renovated in 2010/2011. Property generated $85,688 in cash flow over the past 12 months. Renovations included metal roofs, new appliances, vinyl exterior, new countertops, etc. Management and maintenance are in place and want to remain. This is a turn-key property that will cash flow from Day One.
Luverne is a small town 20 miles west of Troy, AL and roughly an hour south of Montgomery, AL
105 Oakwood Drive, Luverne, AL 36049 (Crenshaw County)
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