2400 4th Ave - Apartments FOR SALE


Phenix City, AL 36867
$2,450,000 USD
754-732-2035
2400 4th Ave, Phenix City, AL for Sale
$2,450,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

2400 4th Ave
Phenix City, AL 36867


HIGHLIGHTS

  • The location benefits from regional connectivity to both Alabama and Georgia markets, supporting access to employment centers and healthcare
  • Central location with convenient access to Downtown Columbus, Fort Moore, regional hospitals, and major employers throughout the area.

OVERVIEW

2400 4th Avenue presents the opportunity to acquire a multifamily asset in Phenix City, Alabama, a market that benefits from its close relationship with Columbus, Georgia and the broader Chattahoochee Valley region. The property's location provides convenient access to Downtown Columbus, Fort Moore, regional healthcare facilities, educational institutions, and major employment centers that support ongoing housing demand. Positioned within an established residential area, the asset offers residents proximity to shopping, dining, neighborhood services, and transportation corridors connecting Alabama and Georgia.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$49 USD /SF

# OF UNITS

52

PRICE/UNIT

$47,115

CAP RATE

Request Cap Rate

% LEASED

51%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

O

APN/PARCEL ID

05-01-11-01-010-001.000

ASK ABOUT THIS PROPERTY

James VillarroelReal Pro, IncMore Info
754-732-2035

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

James VillarroelReal Pro, IncMore Info
754-732-2035

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