401 S WILMER AVENUE
401 S WILMER AVENUE
Anniston, AL
$450,000
Description:
Opportunity is knocking!! Acquire a cash flowing 16 unit economy apartment complex offering approximately a 12% cap rate and immediate income potential. This property features simple, functional layouts with low maintenance. Select units have been updated with LVP flooring, new refrigerators, and fresh paint. This property is in a stable rental market with consistent demand making it an ideal acquisition for investors seeking strong returns and reliable occupancy. Call today for your private showing.
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Debbie Butler
Sales Agent
A graduate of the University of Alabama, Debbie Butler began a real estate career in 2014 after 25...
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Construction: Frame/Wood
Cooling: Window Units
Fees: Other
Financing: Cash, Conventional
Floors: Partial Carpet, Tile/Vinyl
Fuel: Electric (FUEL)
Heating: Electric (HEAT)
Interior: Sheetrock
Leases: Annual Leases, Expire Within 1 Year
Misc: Smoke Alarm
Parking: Off Street - Private
Property Included: Equipment, Fixtures
Property Remain: Electric Stove, Microwave, Refrigerator, Some Window Treaments
Roof: Metal (ROOF)
Rooms: Living Quarters
Sale Includes: Bldg, Business & Land
Sewer: Connected
Street Access: Curb & Gutters, Paved Road, Street Frontage
Water: Public Water
Sales Type: As Is
Cooling: Window Units
Fees: Other
Financing: Cash, Conventional
Floors: Partial Carpet, Tile/Vinyl
Fuel: Electric (FUEL)
Heating: Electric (HEAT)
Interior: Sheetrock
Leases: Annual Leases, Expire Within 1 Year
Misc: Smoke Alarm
Parking: Off Street - Private
Property Included: Equipment, Fixtures
Property Remain: Electric Stove, Microwave, Refrigerator, Some Window Treaments
Roof: Metal (ROOF)
Rooms: Living Quarters
Sale Includes: Bldg, Business & Land
Sewer: Connected
Street Access: Curb & Gutters, Paved Road, Street Frontage
Water: Public Water
Sales Type: As Is
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Listing courtesy of: ERA King Real Estate
