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3246/3254 Warringwood Dr. 1 Multifamily Properties Offered at $980,000 in Hoover, AL
Investment Highlights
- 100% Occupied
Executive Summary
2 building are for sale. Both have 4 units each. Buildings will not be sold separately. NO SELLER FINANCING
100% occupied. No showings unless under contract.
Large units. 2/1's are 1000sf and 3/2's are 1,200sf.
Roof has been recently repaired. HVAC units are less than 5 years old. Driveway has been redone in 2025. Owner pays water and sewer. Tenants pay electric and gas.
100% occupied. No showings unless under contract.
Large units. 2/1's are 1000sf and 3/2's are 1,200sf.
Roof has been recently repaired. HVAC units are less than 5 years old. Driveway has been redone in 2025. Owner pays water and sewer. Tenants pay electric and gas.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $980,000 | Number of Properties | 2 |
| Price / SF | $226.85 / SF | Individually For Sale | 0 |
| Cap Rate | 9.47% | Total Building Size | 4,320 SF |
| Sale Type | Investment | Total Land Area | 0.51 AC |
| Status | Active |
| Price | $980,000 |
| Price / SF | $226.85 / SF |
| Cap Rate | 9.47% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,320 SF |
| Total Land Area | 0.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3246 Warringwood Dr, Hoover, AL 35216 | Multifamily | 4,320 SF | 1970 | - |
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3246/3254 Warringwood Dr.