5027 Lapine Dr - Residential Income FOR SALE


Adamsville, AL 35005
$1,997,000 USD
205-288-5569
5027 Lapine Dr, Adamsville, AL for Sale
$1,997,000 USD
Residential Income - FOR SALE
1/12
null | Request Cap Rate

5027 Lapine Dr
Adamsville, AL 35005


HIGHLIGHTS

  • Portfolio delivers a 10.8% gross capitalization rate
  • Properties spread across stable rental markets in Alabama
  • Opportunity for future rent growth and appreciation as the local markets continue to strengthen

OVERVIEW

12 Total Properties Areas are Birmingham, Adamsville, Hueytown, Talladega and Jasper. Consistent Rental Income High Occupancy – many long-term tenants already in place Well-Maintained – properties range from 802 sq. ft. to 1984 sq. ft. with updates. 2, 3, 4, & 5 bedroom properties. Cap Rate 10.8% Low Vacancy Risk – situated in growing markets with steady rental demand Turnkey Investment Properties are offered as a package. Financials and rent rolls available upon request to qualified buyers.

FOR SALE DETAILS

PRICE

$1,997,000 USD

PRICE/SF

$1,331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12-Property Income-Producing Portfolio

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

20-00-01-1-002-043.000

ASK ABOUT THIS PROPERTY

Michele JenningsKeller Williams/Inspired Realty GroupMore Info
205-288-5569

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Michele JenningsKeller Williams/Inspired Realty GroupMore Info
205-288-5569

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