100 Village Sq - Apartments FOR SALE


Russellville, AL 35654
$1,600,000 USD
404-964-5398
100 Village Sq, Russellville, AL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

100 Village Sq
Russellville, AL 35654


HIGHLIGHTS

  • The Village Square Apartments at 100 Village Square consist of 64 Section 8 HAP apartment units for senior living.
  • Easily accessible off Highway 43 and about a 10-minute drive to Downtown Russellville.
  • There Village Square offers two community rooms on-site which host resident engagement activities.
  • The grounds are beautifully landscaped and well-maintained, with paved sidewalks and a gazebo.

OVERVIEW

The Affordable Housing Investment Brokerage is pleased to present the Village Square Apartments to the market for investment acquisition. Village Square offers 64 one-bedroom/ one-bathroom Section 8 apartments for senior living in Russellville, AL. Village Square offers affordable senior living in Northwest, Alabama. The units are thoughtfully designed and offer 537 square feet, tub/ showers, and large windows for abundant natural sunlight. Each home includes a fully equipped kitchen, a spacious living room and bedroom, a walk-in closet, and a full bath. Residents love the neighborly feel of the well-maintained community with property management on-site. The staff schedules social functions regularly. Residents also enjoy playing cards in the community room, strolling through the beautiful courtyard, and using the convenient on-site clothing care center. Village Square is professionally managed by a team of caring professionals 24/7. Security deposits are not required, and rents are based on income. The community is open to individuals 62+, 50+ years of age and disabled, or those who are mobility impaired.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$31 USD /SF

# OF UNITS

64

PRICE/UNIT

$25,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Square Apartments - Section 8 HAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.83 AC

LAND SF

123,449 SF

ZONING

-

APN/PARCEL ID

02-09-31-4-000-001.001-0

ASK ABOUT THIS PROPERTY

Bill BradingAffordable Housing Investment BrokerageMore Info
404-964-5398

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Bill BradingAffordable Housing Investment BrokerageMore Info
404-964-5398

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.