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2810 Fairwest St 20 Unit Apartment Building $999,000 ($49,950/Unit) Montgomery, AL 36108
INVESTMENT HIGHLIGHTS
- Centrally located near downtown Montgomery
EXECUTIVE SUMMARY
Units are almost rent-ready, with an approximate $50k to $75k in cap-ex needed to be fully operational.
PROPERTY FACTS
| Price | $999,000 | Building Class | C |
| Price Per Unit | $49,950 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 11,948 SF |
| No. Units | 20 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1960/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 1.67/1,000 SF |
| Zoning | M-1 - Residential Apts | ||
| Price | $999,000 |
| Price Per Unit | $49,950 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 11,948 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2024 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | M-1 - Residential Apts |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Number | 11-06-23-3-002-007.000 | Improvements Assessment | $48,780 |
| Land Assessment | $3,140 | Total Assessment | $51,920 |
PROPERTY TAXES
Parcel Number
11-06-23-3-002-007.000
Land Assessment
$3,140
Improvements Assessment
$48,780
Total Assessment
$51,920
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2810 Fairwest St
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