For Sale
$1,300,000

3738 Opelika Rd Phenix City, AL 36870

12-Unit Multifamily & Retail Bundle

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a portfolio of twelve income-producing properties located at 3738 Opelika Road, Phenix City, Alabama, 36870. The portfolio comprises a mix of commercial and residential units, offering a diversified income stream. Three commercial buildings are currently leased to Luke's Pub, CF Flooring, and Yuppy Puppy Grooming, generating significant rental income. The remaining nine units are single-family rentals situated behind the commercial properties. The portfolio boasts a total of twelve buildings, each housing a single unit, and currently generates a gross monthly income of $12,000. The property is classified as Class C multifamily. The asking price for this entire portfolio is $1,300,000, representing a price per unit of $108,333.33. Current rents are below market value, presenting a significant opportunity for future rental income growth after acquisition. The seller may consider owner financing, making this an even more attractive proposition for qualified buyers. Detailed financial information, including a complete rent roll, is available upon request. This is a unique opportunity to acquire a well-located, diversified, and income-producing real estate portfolio in a growing market. The property is situated in Russell County, Alabama, and offers significant potential for long-term appreciation and cash flow. Don't miss this chance to expand your investment portfolio with this exceptional offering.

Property Details for 3738 Opelika Rd

Property type
Residential income homes
Class
C
Buildings
12
Units
12

Location Insight

City
Phenix City
County
Russell
State
Alabama
Latitude
32.49394056
Longitude
-85.04870164

FAQs

What type of property is this?
Residential income home - 12-Unit Multifamily & Retail Bundle
Where is the residential income home located?
The property is located at 3738 Opelika Rd Phenix City, AL.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3738 Opelika Rd
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