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$5850000 / 2br - 45667ft2 - Large apartment complex for sale (AUBURN, AL)

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2BR / 1Ba 45667ft2 available feb 10

apartment
w/d hookups
license info: Roots Real Estate
off-street parking

NO WHOLESALERS, NO TIRE KICKERS, NO MIDDLEMEN!! Serious direct buyers ONLY!!

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The Courtyard Apartments is a two story walk-up consisting of 56 fully renovated units, situated on 2.61 acres, next door to East Alabama Medical Center. The complete renovation was completed in 2016 and the complex is at full occupancy. The property has 285 feet of road frontage along Pepperell Parkway and is just off intersection of Pepperell Parkway and Gateway Drive (Hwy 280). The property has great visibility and East Alabama Medical Center the second largest employer in Lee County, AL (first being Auburn University). The property has a management/leasing office and laundromat on site. The unit mix consists of 12 - 1bed/1 bath, 8 - 2bed/2 bath and 36 - 2 bed/ 1 bath units. 100 total beds on site. Financials are available

 East Alabama Medical Center campus next door
(Area’s top employer)
 12 – 1 bed/1 bath 750 sq ft
 36 – 2 bed/1 bath 850 sq ft
 8 – 2 bed/2 bath 950 sq ft
 High visibility, high traffic
 2.61 acre site
 Laundry & management office on site
 285 feet road frontage
 $725/mo for 1/1
 $775/mo for 2/1
 $825/mo for 2/2
 ***Rents include $35 water fee for 1/1 & 2/1, and
$40 water fee for 2/2***
  • do NOT contact me with unsolicited services or offers

post id: 7073101845

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