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614 N Lena St 614 N Lena St 6 Unit Apartment Building $425,000 ($70,833/Unit) Dothan, AL 36303
Executive Summary
LAH Commercial Real Estate is pleased to present this 6 unit value-add Multifamily property located in the booming market of Dothan, AL; property is located just 3 minutes from the Downtown CBD.
All units are approximately 1,000 SF, 2 Bedroom 1 Bathroom townhome style units, with W/D connections, separately metered utilities, and designated parking on site and on the street; all 6 units have been rehabbed in some form or fashion within the last 5 years.
Rents are all across the board and generally considered under market, thus providing a value-add opportunity.
Call Broker for more details regarding the property, i.e. financials and additional information.
All units are approximately 1,000 SF, 2 Bedroom 1 Bathroom townhome style units, with W/D connections, separately metered utilities, and designated parking on site and on the street; all 6 units have been rehabbed in some form or fashion within the last 5 years.
Rents are all across the board and generally considered under market, thus providing a value-add opportunity.
Call Broker for more details regarding the property, i.e. financials and additional information.
Property Facts
| Price | $425,000 | Apartment Style | Townhome |
| Price Per Unit | $70,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| No. Units | 6 | Building Size | 6,078 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1985/2020 |
| Price | $425,000 |
| Price Per Unit | $70,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 6,078 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2020 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-06-13-3-014-003-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,520 |
Property Taxes
Parcel Number
09-06-13-3-014-003-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,520
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614 N Lena St | 614 N Lena St
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