100 Carmine Cir Madison, AL 35758
32-unit complex, high ROI, renovated.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Eight 1985-built quadplexes located on Carmine Circle.
- 29 of 32 units renovated within the last two years; buildings well-maintained.
- Seller to complete exterior renovations (trim and deck painting) or offer a commensurate price reduction.
- New asking rent: $950/month, reflecting 10% area rent growth.
- Current tenants are well-vetted, responsible, and consistently pay rent.
Property Details for 100 Carmine Cir
- Property type
- Apartment buildings
- Square Feet
- 27,080 SF
- Class
- C
- Year Built
- 1985
- Buildings
- 8
- Stories
- 2
- Units
- 32
Location Insight
- City
- Madison
- County
- Madison
- State
- Alabama
- Latitude
- 34.7272553
- Longitude
- -86.7505354
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 32-unit complex, high ROI, renovated.
- Where is the apartment building located?
- The property is located at 100 Carmine Cir Madison, AL.
- What is the asking price?
- The asking price for this property is $3,995,000.
- What are key features of this property?
- This property features: Eight 1985-built quadplexes located on Carmine Circle.; 29 of 32 units renovated within the last two years; buildings well-maintained.; Seller to complete exterior renovations (trim and deck painting) or offer a commensurate price reduction.
- How can I contact the broker?
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