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Greenfield Gardens Apartments 114 Old Castleberry Rd 20 Unit Apartment Building $2,000,000 ($100,000/Unit) 6.60% Cap Rate Brewton, AL 36426
Executive Summary
This property has an excellent tenant base, track record of occupancy and strong upside. The location is excellent.
Property Facts
| Price | $2,000,000 | Apartment Style | Garden |
| Price Per Unit | $100,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 10.05 AC |
| Cap Rate | 6.60% | Building Size | 26,268 SF |
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1997 |
| Property Subtype | Apartment | Parking Ratio | 2.13/1,000 SF |
| Zoning | R-4 | ||
| Price | $2,000,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.05 AC |
| Building Size | 26,268 SF |
| No. Stories | 1 |
| Year Built | 1997 |
| Parking Ratio | 2.13/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Yard
- Grill
- Handrails
- Linen Closet
- Pantry
- Vinyl Flooring
Site Amenities
- Trash Pickup - Curbside
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 15 | - | 937 |
| 3+2 | 5 | - | 1,226 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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Greenfield Gardens Apartments | 114 Old Castleberry Rd
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