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3742 Opelika Rd

9 Unit Apartment Building $950,000 ($105,556/Unit) 10% Cap Rate Phenix City, AL 36870

Investment Highlights

  • Value Add Investment
  • Recently Renovated
  • 9 Unites

Executive Summary

Unique Investment Opportunity! 9 SFR (1 Bed, 1 Bath) available for purchase.
Total Monthly Income: $8,164 with rents below market value
These homes can also be purchased with the 3 commercial properties along the front of the property. Contact broker for more information.

Property Facts

Price $950,000
Price Per Unit $105,556
Sale Type Investment
Cap Rate 10%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class B
Building Size 504 SF
Average Occupancy 100%
No. Stories 1
Year Built 2000

Unit Amenities

  • Hardwood Floors

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 $941.50 504
  • Listing ID: 27840576

  • Date on Market: 2/27/2023

  • Last Updated:

  • Address: 3742 Opelika Rd, Phenix City, AL 36870

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