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Off Market
1/1

3034-3044 Fairwest Pl
Montgomery, AL 36108


HIGHLIGHTS


OVERVIEW

Property was built in 1955 and has just been completely and beautifully renovated except for one unit which is 75% completed. 24-unit apartment complex, 2-bedroom, and 1 bath. New HVAC units, new stove and refrigerator, new cabinets and counter tops, new electrical wiring, new flooring and new locks with a master key system. All work has been city inspected and approved. There is a vacant lot across the street which is included in the purchase price and can be used for parking and/or possibly a small laundry mat could be build by owner for additional income. Average selling price per unit is $28,750. Each unit has been updated with new HVAC system, new counter tops, new flooring, etc. Property is close proximity to schools and churches.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

22800

STORIES

2

YEAR BUILT

1955

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

11-06-23-3-002-009.000