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BRICK AND STEEL CONSTRUCTION METAL ROOF 1900 Old Shocco Rd 17 Unit Apartment Building $1,275,000 ($75,000/Unit) 10.35% Cap Rate Talladega, AL 35160
INVESTMENT HIGHLIGHTS
- BRICK, STEEL, METAL ROOF CONSTRUCTION
EXECUTIVE SUMMARY
**SEE ATTACHED DOCUMENTS**17 Units ALL STEEL BRICK, CONCRETE and METAL Roof Contruction, High quality Septic System. Multiple units have been remodeled recently. All Units Individually metered for electric, single water meter. Owner may consider managing to get new buyers established. Owner allows some tenants to pay bi weekly and weekly . See Rent Roll and Financial Summary ATTACHED. Land Lord does pay water and electric....
• BRICK, STEEL, METAL ROOF CONSTRUCTION OWNER FINANCING
• BRICK, STEEL, METAL ROOF CONSTRUCTION OWNER FINANCING
PROPERTY FACTS
| Price | $1,275,000 | Apartment Style | Low-Rise |
| Price Per Unit | $75,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.10 AC |
| Cap Rate | 10.35% | Building Size | 10,200 SF |
| No. Units | 17 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 2005/2008 |
| Price | $1,275,000 |
| Price Per Unit | $75,000 |
| Sale Type | Investment |
| Cap Rate | 10.35% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 10,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 2005/2008 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 17 | - | 600 |
1 1
PROPERTY TAXES
| Parcel Number | 13-09-30-0-000-003.000 | Improvements Assessment | $83,200 |
| Land Assessment | $5,050 | Total Assessment | $88,250 |
PROPERTY TAXES
Parcel Number
13-09-30-0-000-003.000
Land Assessment
$5,050
Improvements Assessment
$83,200
Total Assessment
$88,250
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BRICK AND STEEL CONSTRUCTION METAL ROOF | 1900 Old Shocco Rd
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