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418 Martin Luther King Dr SW 6 Unit Apartment Building For Sale Fayette, AL 35555
Executive Summary
Cross Creek Realty is pleased to present the multifamily investment opportunity located at
418 Martin Luther King Junior Drive in Fayette, Alabama.
This property oAers investors the opportunity to acquire a strategically positioned
multifamily asset located within an established residential area of Fayette. The property is
positioned to provide long-term investment potential through stable occupancy, rental
income generation, and future value appreciation.
The oAering is well suited for:
Multifamily investors
Workforce housing investors
Small to mid-size investment groups
Long-term cash flow investors
Regional multifamily operators
Investment Highlights
Multifamily investment opportunity
Competitive acquisition price of $99,990
Established residential location
Income-producing potential
Workforce housing positioning
Potential value-add upside
Long-term appreciation opportunity
Opportunity for operational improvements
Stable residential demand drivers
Accessible location within Fayette, Alabama
418 Martin Luther King Junior Drive in Fayette, Alabama.
This property oAers investors the opportunity to acquire a strategically positioned
multifamily asset located within an established residential area of Fayette. The property is
positioned to provide long-term investment potential through stable occupancy, rental
income generation, and future value appreciation.
The oAering is well suited for:
Multifamily investors
Workforce housing investors
Small to mid-size investment groups
Long-term cash flow investors
Regional multifamily operators
Investment Highlights
Multifamily investment opportunity
Competitive acquisition price of $99,990
Established residential location
Income-producing potential
Workforce housing positioning
Potential value-add upside
Long-term appreciation opportunity
Opportunity for operational improvements
Stable residential demand drivers
Accessible location within Fayette, Alabama
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,948 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Zoning | RM R3 - Residential | ||
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,948 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | RM R3 - Residential |
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Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13-03-07-2-000-005.0000 | Improvements Assessment | $10,900 |
| Land Assessment | $560 | Total Assessment | $11,460 |
Property Taxes
Parcel Number
13-03-07-2-000-005.0000
Land Assessment
$560
Improvements Assessment
$10,900
Total Assessment
$11,460
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418 Martin Luther King Dr SW
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