1500 Glenn ave - Multi-Family FOR SALE


Auburn, AL 36830- South Auburn
$2,500,000 USD
334-329-4993
1500 Glenn ave, Auburn, AL for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/8
null | Request Cap Rate

1500 Glenn ave
Auburn, AL 36830
South Auburn


HIGHLIGHTS

  • Tiger Transit pickup available
  • Centrally located to shopping
  • Close to campus
  • Walkable to restaurants
  • in unit laundry
  • on site parking

OVERVIEW

Attention INVESTORS! Opportunities like this just minutes from Auburn University do not come often! This well-maintained apartment complex at 1500 E Glenn Avenue features 8 spacious units, each offering approximately 1,013 square feet with 2 bedrooms and 2 bathrooms, a highly desirable layout for student and professional renters alike. Built in 1985, the property is ideally positioned in a high-demand rental corridor with Tiger Transit access and walkable proximity to campus making it a consistently attractive option for tenants. Residents enjoy convenient access to shopping, dining, and major Auburn amenities, further strengthening long-term occupancy potential. Zoned CDD/DDH, this property offers flexibility for continued residential use and potential future development. The uniform unit sizes and layouts support efficient management, predictable maintenance, and strong leasing performance. With its prime location near Auburn University, reliable rental demand, and solid unit configuration, this property presents a rare opportunity for investors seeking stable cash flow, long-term appreciation, and portfolio growth in one of Auburn’s most sought-after areas. Ideal for both seasoned investors and those looking to expand into a proven market near campus, this is a turnkey asset in a premier location.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GlenHaven Apartments

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CDD/DDH

APN/PARCEL ID

0908282000009001

ASK ABOUT THIS PROPERTY

Will RegisterPrime Real Estate GroupMore Info
334-329-4993

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Will RegisterPrime Real Estate GroupMore Info
334-329-4993

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