205-266-4716
2321 7th St NW, Center Point, AL for Sale
Apartments - FOR SALE
1/6
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2321 7th St NW
Center Point, AL 35215


OVERVIEW

Value-Add opportunity - Nearly half of the units have been partially/fully renovated. New owner can finish the renovation process & boost rents to market. Attractive Loan Assumption - Investors may assume the loan at a sub 5% interest rate. This provides a much more desirable rate than what banks are currently offering in the market. Newer Built Product - The property was built in the late 80's making it slightly newer in comparison to some of the other nearby properties. A selection of the nearby complexes were built in the '70's. Link to Harbert MultiFamily Advisors website to sign the Confidentiality Agreement for more information. https://harbertmultifamily.com/listing/pearl-at-sun-valley/ Kitchen: large countertop space, walk-in kitchen, dishwasher, fridge, stove included. Bathroom; all new low/flow elongated toilets, new shower heads, aerators, 4 piece bathroom accessory kits. Apartments also include: walk-in closets, washer, dryer hookups in unit, large spacious floor plans, private patio's with additional storage room on exterior, dining room area. Community Amenities: On-site groundskeeper, security cameras, solar lights on building exteriors.

FOR SALE DETAILS

PRICE

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# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pearl at Sun Valley

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

84

LAND DETAILS

LAND ACRES

2.57 AC

LAND SF

112,102 SF

ZONING

R-3

APN/PARCEL ID

13-00-13-2-012-002.000

ASK ABOUT THIS PROPERTY

Bo GreshamHarbert Multifamily AdvisorsMore Info
205-266-4716

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Bo GreshamHarbert Multifamily AdvisorsMore Info
205-266-4716

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