1201 Tremont St - 1201 Tremont Street
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1201 Tremont St - 1201 Tremont Street
10 Unit Apartment Building Offered at $150,000 in Selma, AL 36701
Executive Summary
-LAH Commercial Real Estate is pleased to present this 10 unit value add Multifamily redevelopment opportunity located in Selma, AL just 4 minutes from the downtown business district.
-This property consists of 10 units total; 8 of which are 2 bedroom 1 bath and 2 of which are 3 bedroom 1 bath, all with W/D connections.
-Current owner has fully rehabbed 2 units; the other 8 are in need of extensive rehabbing (wiring, appliances, flooring, paint, etc.). Property is also in need of CAPEX (roof & HVAC units).
-Current owner is offering Seller Financing on this project, thus giving investors the opportunity to place more capital into this project.
-Rental demand is very high in this area and section 8 has already stated they would rent these stabilized units for $700-$800+.
-Call Broker for more details regarding the property.
-This property consists of 10 units total; 8 of which are 2 bedroom 1 bath and 2 of which are 3 bedroom 1 bath, all with W/D connections.
-Current owner has fully rehabbed 2 units; the other 8 are in need of extensive rehabbing (wiring, appliances, flooring, paint, etc.). Property is also in need of CAPEX (roof & HVAC units).
-Current owner is offering Seller Financing on this project, thus giving investors the opportunity to place more capital into this project.
-Rental demand is very high in this area and section 8 has already stated they would rent these stabilized units for $700-$800+.
-Call Broker for more details regarding the property.
Property Facts
| Price | $150,000 | Building Class | C |
| Price Per Unit | $15,000 | Building Size | 2,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 10 | Year Built | 1989 |
| Property Type | Multifamily |
| Price | $150,000 |
| Price Per Unit | $15,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Building Class | C |
| Building Size | 2,000 SF |
| No. Stories | 2 |
| Year Built | 1989 |
1 of 1
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 11-07-25-3-003-021.0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $14,140 |
PROPERTY TAXES
Parcel Number
11-07-25-3-003-021.0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$14,140
-
Alex Kyriazis -
LAH Commercial Real Estate
Learn More About Investing in Apartment Buildings
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1201 Tremont St - 1201 Tremont Street
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.