Aliceville Townhomes and Duplexes
Multi-Family
for Sale
| Catylist Listing ID: |
30658521 |
| Property Subtypes: |
Duplex/Fourplex, Mid-Rise
|
| Number of Units: |
14 Units |
| Building Size (RSF): |
12,000 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$620,000 |
| Unit Price: |
$44,285.71 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Aliceville Townhomes and Duplexes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/17/2021 |
Overview / Comments
This particular deal consists of a 10 unit complex all townhome-style apartments, as well as two duplexes located about 5 minutes from this property.
Five of the 10 units have been renovated, with washer and dryer connections in all units, as well as washers and dryers included in the renovated units. The owner has recently gotten all of the units separately metered for water so that the tenants will now pay their water bills and a new owner would no longer have to take on this expense.
The town of Aliceville's major employers include Buchanan Lumber, Lewis Lumber, The Federal Women's Prison (Main Employer), and Aliceville Casting and Iron.
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Additional Details
| Nearest MSA: |
Tuscaloosa |
| County: |
Pickens |
| Tax ID/APN: |
2406134000067001 |
| Percent Occupied: |
100% |
| Area Description: |
The town of Aliceville's major employers includes Buchanan Lumber, Lewis Lumber, The Federal Women's Prison (Main Employer), and Aliceville Casting and Iron. |
| Total Number of Buildings: |
4 |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,449 |
2,635 |
| Median Age: |
42.64 |
40.62 |
| Households: |
600 |
1,030 |
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