3 Luker Cir - Apartments FOR SALE


Selma, AL 36701
$474,900 USD
754-251-0201
3 Luker Cir, Selma, AL for Sale
$474,900 USD
Apartments - FOR SALE
1/5
null | 17.41% Cap Rate

3 Luker Cir
Selma, AL 36701


HIGHLIGHTS

  • High quality construction
  • Separate electric, water and trash meters,
  • Tenants pay all utilities

OVERVIEW

INSANE OPPORTUNTIY!!! Don't miss this unbeatable investment. 15 homes and a triplex on 9 acres, total of 18 units. Solid brick high quality construction, beautiful terrazzo floor on every house! Separate electric, water and trash meters, tenants pay all utilities. Central heat and air. City water and sewer. PROPERTY WILL GENERATE A 17%+ NET RETURN ON INVESTMENT!!! OVER $100K IN VALUE ADD!!! Do not miss out on this opportunity!!! Property management and financing is available.

FOR SALE DETAILS

PRICE

$474,900 USD

PRICE/SF

$19 USD /SF

# OF UNITS

18

PRICE/UNIT

$26,383

CAP RATE

17.41%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Luker Circle

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

18

LAND DETAILS

LAND ACRES

11.25 AC

LAND SF

490,213 SF

ZONING

MULTI-FAMILY

APN/PARCEL ID

15-04-17-0-003-003.0000

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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Eli AhmadovLOYD RealtyMore Info
754-251-0201

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