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3034-3044 Fairwest Pl
Montgomery, AL 36108
Multifamily Property For Sale
·
24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.51 AC |
| Property Type | Multifamily | Building Size | 22,800 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1955/2017 |
| Zoning | M-1 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 22,800 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2017 |
| Zoning | M-1 |
AMENITIES
SITE AMENITIES
- Courtyard
- Gas Range
- Trash Pickup - Curbside
- Public Transportation
ABOUT 3034-3044 FAIRWEST PL , MONTGOMERY, AL 36108
Property was built in 1955 and has just been completely and beautifully renovated except for one unit which is 75% completed. 24-unit apartment complex, 2-bedroom, and 1 bath. New HVAC units, new stove and refrigerator, new cabinets and counter tops, new electrical wiring, new flooring and new locks with a master key system. All work has been city inspected and approved. There is a vacant lot across the street which is included in the purchase price and can be used for parking and/or possibly a small laundry mat could be build by owner for additional income. Average selling price per unit is $28,750. Each unit has been updated with new HVAC system, new counter tops, new flooring, etc. Property is close proximity to schools and churches.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | $662.50 | 950 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $48,580 | |
| Land Assessment | $4,480 | Total Assessment | $53,060 |
PROPERTY TAXES
