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: 11/10/2020

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. 

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,449 2,635
Median Age: 42.64 40.62
Households: 600 1,030

Contact

Photograph of Listing Agent

Gayle Kahn Belcher

SVN/Kahn Properties BCX Member
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