16569 Limestone RdAthens, AL 35611
For Sale
Call for price
31 Units, High Growth Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- Two mobile home parks totaling 31 sites in Athens, AL, within the Huntsville MSA.
- Significant value-add opportunity through site lease-up.
- Current NOI: $107,000 at ~78% occupancy.
- Below-market lot rents compared to 95% occupied competitors.
- Public water & sewer with individual meters.
- Strong demand in Athens, AL; population: 12,000 (3-mile radius), 40,000 (5-mile radius), 190,000 (10-mile radius).
Property Details for 16569 Limestone Rd
- Property type
- Apartment buildings
- Lot Size (sq. ft)
- 627,264 SF
- Units
- 31
Location Insight
- City
- Athens
- County
- Limestone
- State
- Alabama
- Latitude
- 34.7997594
- Longitude
- -87.0724748
16569 Limestone Rd, Athens, Alabama
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 31 Units, High Growth Potential
- Where is the apartment building located?
- The property is located at 16569 Limestone Rd Athens, AL.
- What are key features of this property?
- This property features: Two mobile home parks totaling 31 sites in Athens, AL, within the Huntsville MSA.; Significant value-add opportunity through site lease-up.; Current NOI: $107,000 at ~78% occupancy.
- How can I contact the broker?
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