180 State Docks Rd - Apartments FOR SALE


Eufaula, AL 36027
$3,200,000 USD
706-587-8660
180 State Docks Rd, Eufaula, AL for Sale
$3,200,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

180 State Docks Rd
Eufaula, AL 36027


HIGHLIGHTS

  • 32 units, providing a significant opportunity for rental income
  • Prime location in the Eufaula area, with access to Lake Eufaula
  • Proximity to transportation, shopping, and dining options
  • Leasing office
  • Appealing floor plans to tenants seeking comfortable living spaces
  • Laundromat on site

OVERVIEW

This property, known as Timberland Apartments, is listed for purchase at $3,200,000 and consists of 32 units / apartments on +/- 3 acres of land. A leasing office is located on the property along with a laundromat. This property is located in Eufaula, AL next to Lake Eufaula and right off U.S. Route 431 for traveling purposes. Local retailers include Chick-fil-A, Burger King, O-Reilly Auto Parts, Wendy's, Sonic Drive-In, Dairy Queen, Waffle House, Circle K gas station, Piggly Wiggly, Dollar Tree, Sunoco gas station, Subway, Dollar General, McDonald's, Advanced Auto Parts, Marathon gas station, Pizza Hut, Aaron's Rent To Own furniture store, Winn-Dixie and Tractor Supply Co. Schooling, churches and family physicians are also within close proximity to the property. Call listing broker, Dave Jackson, for showing: 706-587-8660 Personal | Office: 706-660-5418

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$129 USD /SF

# OF UNITS

32

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Timberland Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

52

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

RMF

APN/PARCEL ID

24-03-08-2-001-007-001-0

ASK ABOUT THIS PROPERTY

Dave JacksonNAI G2 CommercialMore Info
706-587-8660

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Dave JacksonNAI G2 CommercialMore Info
706-587-8660

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