6270 Aquarius Dr - Apartments FOR SALE


Alpine, AL 35014
$450,000 USD
678-520-6381
6270 Aquarius Dr, Alpine, AL for Sale
$450,000 USD
Apartments - FOR SALE
1/98
null | Request Cap Rate

6270 Aquarius Dr
Alpine, AL 35014


HIGHLIGHTS

  • 4 Unit Income-Producing Quadplex in Alpine, Alabama
  • Close to Lake Logan Martin, Alpine Bay Golf Course, Cheaha Mountain and the Talladega National Forest
  • Three units have 2 bedrooms and 2 bathrooms, while one unit features 2 bedrooms and 3 bathrooms
  • Recent updates to the property include new plumbing, sewer system, kitchens, and floor coverings, with all units freshly painted throughout.

OVERVIEW

This Income-Producing 4 unit Quadplex in Alpine, AL is a fantastic investment opportunity, offering a blend of peaceful rural living, modern amenities, and strong income potential. Situated off Hwy 235 in a quiet rural area. Close to numerous recreational opportunities, including:Lake Logan Martin: A 17,000-acre reservoir ideal for water activities. Alpine Bay Golf Course: An 18-hole, par 5 course designed by Robert Trent Jones Sr. The quadplex is just 13 miles from Talladega, near Cheaha Mountain and the Talladega National Forest, and only 44 miles from Birmingham, with I-20 access just 16 miles away. Nearby YMCA Camp Cosby offers various recreational activities for all ages. The quadplex consists of four units, three of which have 2 bedrooms and 2 bathrooms, while one features 2 bedrooms and 3 bathrooms. Each unit offers spacious living rooms with serene views of the surrounding woodlands, creating a relaxing atmosphere for tenants. Recent updates to the property include new plumbing, sewer system, kitchens, and floor coverings, with all units freshly painted throughout. Currently cash-flowing with high demand due to modern updates and attractive layout. Given the strong local real estate market and proximity to growing areas, this property holds excellent potential for long-term appreciation, making it a sound investment. Whether you're looking to expand your portfolio or enter a flourishing market, this updated and cash-flowing quadplex is a great choice for any investor.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$18 USD /SF

# OF UNITS

4

PRICE/UNIT

$112,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6270 Aquarius Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,601 SF

ZONING

-

APN/PARCEL ID

11-07-26-0-001-238.002,11-07-26-0-001-238.003,11-07-26-0-001-238.004,11-07-26-0-001-238.005

ASK ABOUT THIS PROPERTY

Rett HarmonCentury 21 NovusMore Info
678-520-6381

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Rett HarmonCentury 21 NovusMore Info
678-520-6381

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