3394 Southmont Dr - Apartments FOR SALE


Montgomery, AL 36105
$288,000 USD
334-207-2464
3394 Southmont Dr, Montgomery, AL for Sale
$288,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

3394 Southmont Dr
Montgomery, AL 36105


HIGHLIGHTS

  • Situated in a desirable neighborhood
  • Close proximity to historic downtown Montgomery
  • Fully vacant and ready for occupancy

OVERVIEW

This 4-plex apartment building is a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom. Expected to bring in approximately $50K in rents per year. This property is perfect for investors! This site could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Currently fully vacant and ready for occupancy! Provides the flexibility to select your own tenants. Property can be shown easily because all units are vacant.

FOR SALE DETAILS

PRICE

$288,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

4

PRICE/UNIT

$72,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

R-75-S

APN/PARCEL ID

10-04-19-3-008-015.000

ASK ABOUT THIS PROPERTY

David HermanDavid Herman RealtyMore Info
334-207-2464

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David HermanDavid Herman RealtyMore Info
334-207-2464

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