256-714-2007
18103 Mae Cir, Athens, AL for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

18103 Mae Cir
Athens, AL 35611


HIGHLIGHTS

  • The location's proximity to major employers and educational institutions make it an attractive option for multifamily/low-rise/garden investors seekin
  • 107 Units across 161,932 SF sitting on just under 14 Acres
  • Luxury Features & Fixtures
  • Built in 2023-2025
  • Located in Athens, AL, part of the booming Huntsville MSA

OVERVIEW

Lucas Ferry Townhomes is a Class A multifamily asset completed in 2023 and 2025 consisting of 107 units located in Athens, AL. This property presents an excellent opportunity for astute investors to enter one of the fastest growing markets in the nation at a notable discount from peak pricing. Of these 107 units, 35 units will feature 2 bedrooms and 2 bathrooms, 28 units will offer 3 bedrooms and 2 bathrooms, 22 units will include 3 bedrooms and 2.5 bathrooms, and 22 units will have 4 bedrooms and 3 bathrooms. Lucas Ferry is a meticulously constructed property located just 2 miles from downtown Athens. The townhomes boast spacious open living areas, enhanced with luxury vinyl plank (LVP) flooring, custom cabinetry, granite countertops, and stainless steel appliances. This prime location offers convenient access to a variety of retail centers, parks, and healthcare facilities. Additionally, its proximity to major transportation routes ensures easy connectivity to surrounding areas, making it an ideal choice for both convenience and comfort.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

84

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lucas Ferry Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

59.85 AC

LAND SF

2,607,066 SF

ZONING

-

APN/PARCEL ID

10-03-07-3-000-101.000

ASK ABOUT THIS PROPERTY

Andrew MulhallSVN | AVAT Realty, LLCMore Info
256-714-2007

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

Andrew MulhallSVN | AVAT Realty, LLCMore Info
256-714-2007

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