1120 Stewart St - Apartments FOR SALE


Oxford, AL 36203
$624,000 USD
256-302-2822
1120 Stewart St, Oxford, AL for Sale
$624,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1120 Stewart St
Oxford, AL 36203


HIGHLIGHTS

  • Eight-unit apartment building fully renovated in 2023.
  • All units feature modern upgrades including kitchens and baths.
  • Durable full-brick construction with paved parking.
  • Prime location adjacent to Oxford High School and near I-20.
  • Strong occupancy with consistent rental income at $700 per unit.
  • Excellent connectivity between Birmingham and Atlanta for regional demand.

OVERVIEW

Oxford Hill Apartments presents a rare opportunity to acquire a fully renovated, income-producing multifamily asset in the thriving Oxford market. This eight-unit property features all one-bedroom, one-bath layouts, each updated in 2023 with modern finishes including new flooring, fresh paint, upgraded kitchens, and contemporary bathrooms. The full-brick construction ensures durability and minimal maintenance, complemented by paved parking for tenant convenience. Strategically located beside Oxford High School and just minutes from Interstate 20, the property offers exceptional connectivity between Birmingham and Atlanta, two major economic hubs. With strong occupancy at 90%, consistent rents of $700 per unit, and minimal annual expenses, this investment delivers reliable cash flow and long-term upside in a growing community. Positioned in a high-demand rental corridor near retail, dining, and educational facilities, Oxford Hill Apartments is an ideal choice for investors seeking stability and value in a prime Alabama location.

FOR SALE DETAILS

PRICE

$624,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

8

PRICE/UNIT

$78,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oxford Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

21-09-30-1-004-057.000

ASK ABOUT THIS PROPERTY

Marsha WhisenhuntTaylor Real Estate SolutionsMore Info
256-302-2822

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Marsha WhisenhuntTaylor Real Estate SolutionsMore Info
256-302-2822

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