614 N Lena St - Apartments FOR SALE


Dothan, AL 36303
$425,000 USD
205-870-8580
614 N Lena St, Dothan, AL for Sale
$425,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

614 N Lena St
Dothan, AL 36303


OVERVIEW

LAH Commercial Real Estate is pleased to present this 6 unit value-add Multifamily property located in the booming market of Dothan, AL; property is located just 3 minutes from the Downtown CBD. All units are approximately 1,000 SF, 2 Bedroom 1 Bathroom townhome style units, with W/D connections, separately metered utilities, and designated parking on site and on the street; all 6 units have been rehabbed in some form or fashion within the last 5 years. Rents are all across the board and generally considered under market, thus providing a value-add opportunity. Call Broker for more details regarding the property, i.e. financials and additional information.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$70 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

614 N Lena St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,794 SF

ZONING

-

APN/PARCEL ID

09-06-13-3-014-003-000,09-06-13-3-014-003-001

ASK ABOUT THIS PROPERTY

Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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