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- LoopNet Team
2050 Pepperell Pky
Opelika, AL 36801
Courtyard Apartments · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Renovated and next door to the hospital, which is second largest employer in Lee County, AL to only Auburn University.
PROPERTY FACTS
| No. Units | 56 | Building Size | 50,620 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1967/2016 |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Lot Size | 2.61 AC | ||
| Zoning | R4 | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.61 AC |
| Building Size | 50,620 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2016 |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | R4 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Granite Countertops
- Refrigerator
- Range
- Carpet
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Grill
- Maintenance on site
ABOUT 2050 PEPPERELL PKY , OPELIKA, AL 36801
The Courtyard Apartments is a two story walk-up consisting of 56 fully renovated units, situated on 2.61 acres, next door to East Alabama Medical Center. The complete renovation was completed in 2016 and the complex is at full occupancy. The property has 285 feet of road frontage along Pepperell Parkway and is just off intersection of Pepperell Parkway and Gateway Drive (Hwy 280). The property has great visibility and East Alabama Medical Center the second largest employer in Lee County, AL (first being Auburn University). The property has a management/leasing office and laundromat on site. The unit mix consists of 12 - 1bed/1 bath, 8 - 2bed/2 bath and 36 - 2 bed/ 1 bath units. 100 total beds on site. Financials are available upon completion of confidentiality document.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $725.00 | - |
| 2+1 | 36 | $775.00 | - |
| 2+2 | 8 | $825.00 | - |
PROPERTY TAXES
| Parcel Number | 09-06-14-1-000-016.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $423,360 |
PROPERTY TAXES
