1401 Leighton AveAnniston, AL 36207

This exceptional investment opportunity presents a 12-unit apartment building located at 1401 Leighton Ave, Anniston, AL 36207. Built in 1940, this Class C multifamily property sits on a 0.53-acre lot and boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $50,901. Each of the 12 units features two bedrooms and two bathrooms, offering comfortable living spaces for tenants. The property's strategic location provides convenient access to schools, churches, healthcare facilities, and retail amenities, ensuring high demand and consistent rental income. The asking price is $850,000, representing a price per unit of $70,833.33 and a cap rate of 5.99%. The property is offered fee simple, and the parcel number is 2103053001060000. Water is included in the rental price. This is a strong performing asset with significant potential for future growth and return on investment. The property's strong occupancy and location make it an attractive investment opportunity for those seeking a stable and profitable multifamily asset in a desirable location. Further financial information is available upon request.