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5350 Carol Plantation Rd
Theodore, AL 36582
Claiborne Arms Apartments · Multifamily Property For Sale
·
72 Units
PROPERTY FACTS
| No. Units | 72 | Lot Size | 5.99 AC |
| Property Type | Multifamily | Building Size | 76,601 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1980/1997 |
| Building Class | C | Parking Ratio | 2.29/1,000 SF |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.99 AC |
| Building Size | 76,601 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/1997 |
| Parking Ratio | 2.29/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Playground
ABOUT 5350 CAROL PLANTATION RD , THEODORE, AL 36582
Claiborne Arms is a 72 Unit - Project Based Property Located just west of Downtown Mobile, Alabama. The property was constructed in 1980-1981 and has been very well maintained with a long history of stable income and expense history. There are existing loans on the property which may be assumed but the due to the low LTV it may be in the best interest of the purchaser to consider placing new debt on the property, especially with the prevailing interest rates available in the market at this time. Baker Valuation has loan options for new debt on this property and can work through the process with the new purchaser.The location is excellent and the property appearance is attractive and appealing to the market and prospective tenants. The unit mix is appropriate for the market based upon the rental history of the property.Please contact us to sign a confidentiality agreement and to receive more information on the property. Broker participation is welcome. The property is located just north of I-10 in the Tillman's Corner area of Theodore, Mobile County, Alabama. The property is very nicely located to nearby transportation linkages that contribute to the marketability of the property.
PROPERTY TAXES
| Parcel Number | 33-08-28-3-002-001 | Improvements Assessment | $762,120 |
| Land Assessment | $52,320 | Total Assessment | $814,440 |
PROPERTY TAXES
