Building Details:
• Year Built: 1995
Constructed in 1995 this 24 unit property sits on 2.7 acres zoned multifamily residential. 10 units are approximately 850 square feet with 2 bedrooms and 1 bathroom and stackable washer and dryer sets. 14 units are approximately 1000 square feet with 2 bedrooms and 2 bathrooms and washer and dryer connections. There are 48 parking spaces with a 2.0 parking ratio. The property is currently 92% occupied and has suffered low occupancy in the previous 12 months due to bad management, which has subsequently been rectified. New management continues to improve the inside of the units by replacing all the carpet with tile floors.
• Below Market Rents
• Class B Construction
• Washer and Dryer Connections
• High Rental Demand with Low Vacancy Submarket
• Adjacent to the Baldwin County Association of Realtors
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- Rance Reehl, agent and Rofo Pro
