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Southern Pines - Value Add Development 20 Massey Dr 74 Unit Apartment Building $3,200,000 ($43,243/Unit) Phenix City, AL 36869
Investment Highlights
- VALUE ADD
- 54 remaining pad ready sites
- 12 homes finish, 8 under construction
- Additional 4 acre parcel with highway frontage included
Executive Summary
This unique property features 20 tiny homes (12 completed, 8 Under construction), with infrastructure and plans in place for 54 additional units — offering significant upside potential for a developer to finish out and either sell or hold for steady cash flow. Each unit currently leases for $250–$265 per week.
All utilities are already in place, streamlining future development and expansion.
In addition to the residential component, the property includes a contiguous 4-acre parcel with valuable frontage on Highway 80, ideal for a complementary commercial use.
All utilities are already in place, streamlining future development and expansion.
In addition to the residential component, the property includes a contiguous 4-acre parcel with valuable frontage on Highway 80, ideal for a complementary commercial use.
Property Facts
| Price | $3,200,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $43,243 | Building Class | B |
| Sale Type | Investment | Lot Size | 26.06 AC |
| No. Units | 74 | Building Size | 44,400 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 2024/2025 |
| Zoning | O | ||
| Price | $3,200,000 |
| Price Per Unit | $43,243 |
| Sale Type | Investment |
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 26.06 AC |
| Building Size | 44,400 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2024/2025 |
| Zoning | O |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Family Room
- Vinyl Flooring
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 74 | - | 500 |
1 1
Property Taxes
| Parcel Number | 04 05 15 00 011 012.002 | Improvements Assessment | $12,540 |
| Land Assessment | $4,580 | Total Assessment | $17,120 |
Property Taxes
Parcel Number
04 05 15 00 011 012.002
Land Assessment
$4,580
Improvements Assessment
$12,540
Total Assessment
$17,120
(706) 445-2300
x318
Contacts
-
Franklin Harcourt -
Richard Mobley -
Matthew Lowery -
SVN Fall Line Commercial Advisors
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Southern Pines - Value Add Development | 20 Massey Dr
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