100 Yvon St - Apartments FOR SALE


Odenville, AL 35120
$1,850,000 USD
205-515-1505
100 Yvon St, Odenville, AL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

100 Yvon St
Odenville, AL 35120


HIGHLIGHTS

  • Land for Expansion
  • Large Clubhouse/Event Center/Restaurant
  • The owner is responsible for water, trash collection, property taxes and insurance. All other utilities are paid by the tenants.

OVERVIEW

Red Rock is pleased to present Magnolia Manor, a 16 unit apartment community located in growing Odenville, AL. The +/-95% occupied property presents investors an excellent opportunity to acquire a stabilized asset that is both generating income and offers upside through building additional units on the west side of the property. The in-place infrastructure was designed to accommodate 32 units and clubhouse.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

16

PRICE/UNIT

$115,625

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MagnoliaManor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25.85 AC

LAND SF

1,126,026 SF

ZONING

None

APN/PARCEL ID

24-02-10-0-002-028.003

ASK ABOUT THIS PROPERTY

Bud BallardRed Rock Realty GroupMore Info
205-515-1505

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Bud BallardRed Rock Realty GroupMore Info
205-515-1505

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