100 Hidden Creek Place - Apartments FOR SALE
Florence, AL 35630 |
$5,600,000 USD
615-465-8499
100 Hidden Creek Place
Florence, AL 35630
HIGHLIGHTS
- Attractive unit mix of spacious 2-bedroom units.
- Proven demand, achieving 90%+ Occupancy since initial lease-up phase
- Day-1 yield, tax adjusted 7%+ cap rate
- Newly Constructed, 2023 Vintage BTR Community, offering modern design and reduced capital expenditure requirements.
- Strategically located off Cox Creek Parkway, the premier retail corridor & a major thoroughfare.
- Tier-1 multifamily asset within the local market
FOR SALE DETAILS
PRICE
$5,600,000 USD
PRICE/SF
$160 USD /SF
# OF UNITS
28
PRICE/UNIT
$200,000
CAP RATE
7.39%
% LEASED
97%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hidden Creek Luxury Apartments
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
PARKING SPACES
73
LAND DETAILS
LAND ACRES
4.58 AC
LAND SF
199,478 SF
ZONING
-
APN/PARCEL ID
15-07-25-4-001-013.001
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615-465-8499
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615-465-8499
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