FAQs about Apartment Buildings for Sale in Lanett
How many Apartment Building listings are available for sale in Lanett?
Currently, there are 0 Apartment Building listings for sale near Lanett, AL. LoopNet continuously displays updated multi-family building listings, with new properties regularly included.
How much is an Apartment Building for sale in Lanett?
The average price per square foot for Lanett apartment buildings for sale is about $254.
When available, the price of these buildings in Lanett, AL varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
When available, the price of these buildings in Lanett, AL varies greatly based on the number of units, condition of the building, available amenities, general location, etc.
What is the average size of Apartment Buildings available for sale in Lanett?
The average size of apartment buildings for sale in Lanett, AL is approximately 23,858 SF. The largest building available is 58,280 SF and the smallest is 5,175 SF.
What is the average cap rate for Multi-family Properties in Lanett?
Cap rates for apartment buildings in Lanett, AL typically range between and , with variations influenced by factors including tenant quality, lease terms, and property age. Read more about cap rates and the factors that influence them such as location, property type and market conditions.
Why are Apartment and Multi-family Buildings considered a good investment in Lanett?
In general, buying an apartment building can be considered a good investment because they provide rental income from multiple sources which can diversify cash flow opportunities and reduce risk by having income streams from multiple sources.
Depending on the location within the city of Lanett, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Lanett, AL.
Depending on the location within the city of Lanett, apartment buildings have the potential to appreciate and increase rental income over time. There are also certain tax benefits available when it comes to investing in apartment buildings for sale in Lanett, AL.
