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Three Apartment Portfolio 3 Multifamily Properties Offered at $969,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Total 3 buildings 100% occupied.
- 17 units. 1 Bedroom, 1 bath
- Excellent Cash Flow.
- Property Management in place.
- Price/Unit $57,000.
- Cap Rate 6.08%, NOI $58,914.
EXECUTIVE SUMMARY
3 Building Apartment
Portfolio in Anniston, Alabama. Brick
Structures—All 2 Bedroom, 2 Bath.
2 Buildings are beside each other.
100% Occupied. Property management in place. Great Cash Flow.
Plenty of parking. Centrally located
in the Medical Community, Convenient to Retail. Minutes to I-6
Portfolio in Anniston, Alabama. Brick
Structures—All 2 Bedroom, 2 Bath.
2 Buildings are beside each other.
100% Occupied. Property management in place. Great Cash Flow.
Plenty of parking. Centrally located
in the Medical Community, Convenient to Retail. Minutes to I-6
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$94,911
|
| Taxes |
$5,137
|
| Operating Expenses |
$30,860
|
| Total Expenses |
$35,997
|
| Net Operating Income |
$58,914
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $94,911 |
| Taxes | |
|---|---|
| Annual | $5,137 |
| Operating Expenses | |
|---|---|
| Annual | $30,860 |
| Total Expenses | |
|---|---|
| Annual | $35,997 |
| Net Operating Income | |
|---|---|
| Annual | $58,914 |
PROPERTY FACTS
| Price | $969,000 | Number of Properties | 3 |
| Price / SF | $78.59 / SF | Individually For Sale | 0 |
| Cap Rate | 6.08% | Total Building Size | 12,330 SF |
| Sale Type | Investment | Total Land Area | 1.84 AC |
| Status | Active |
| Price | $969,000 |
| Price / SF | $78.59 / SF |
| Cap Rate | 6.08% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 12,330 SF |
| Total Land Area | 1.84 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 40 Cave Rd, Anniston, AL 36206 | Multifamily | 3,564 SF | 1965 | - |
| 608 Connemara Pl, Weaver, AL 36277 | Multifamily | 5,202 SF | 1965 | - |
| 604 Connemara Pl, Weaver, AL 36277 | Multifamily | 3,564 SF | 1965 | - |
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Three Apartment Portfolio
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