SoldFeb 15, 2017

Bought with Tabitha Kontur

1057 N Main St, Arab, AL, 35016

Amount undisclosed

2 ac.

MultiFam

Sold: Feb 15, 2017

What's around 1057 N Main St

About this property

Based on listing price this property is a 12% cap. rate. This is a wonderful investment opportunity. 2 brick 8 plexes (16) units total. One of 2 apartment complexes in the area that is non income based. The owner is currently doing a complete interior renovation on 2 units. Once complete the rent will be 500.00 to 525.00 All of the units have been well cared for with long term tenants. The complex is located within walking distance to wal mart, banks, restaurants, schools, and more. The buildings sit on 2 shady acres of land.

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