• Year Built: 1973
1101 Selma Street is amulti-family property for lease in Mobile, AL.
Oakleigh Village Apartments is being offered with significant value add potential. The property contains 44 units in 6 two story buildings and 1 single story laundry facility and was constructed in 1973. Each unit has 2 bedrooms and one bath comprising of approximately 740 square feet.
The buildings were built in 1973 and are frame construction on slabs with brick veneer and a mansard roof system with asphalt shingles. Each unit features a refrigerator, stove, all electric central HVAC, and double closets in each bedroom.
The property fronts 3 streets; Selma, Elmira and George St. It consists of approximately 1.68 acres and has a parking ratio of 1.5 cars per unit.
• Value Add Opportunity
• 95% Occupied
• Well Below Market Rents
• In the Heart of the Historic Oakleigh Garden District
• 10 minutes from Airbus or Austal
• Less than 5 Minutes from Downtown
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