2005 Morgan Ave Decatur, AL 35601
18-Unit Value-Add Opportunity in Alabama
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 18-unit multifamily property totaling 16,354 square feet.
- 83.3% occupancy rate.
- Value-add opportunity with potential for increased market rents.
- New roof installed in 2022.
- Three new HVAC units installed in 2023.
Property Details for 2005 Morgan Ave
- Property type
- Apartment buildings
- Square Feet
- 16,354 SF
- Class
- C
- Buildings
- 5
- Stories
- 2
- Units
- 18
Location Insight
- City
- Decatur
- County
- Morgan
- State
- Alabama
- Latitude
- 34.57445384
- Longitude
- -87.00788843
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 18-Unit Value-Add Opportunity in Alabama
- Where is the apartment building located?
- The property is located at 2005 Morgan Ave Decatur, AL.
- What is the asking price?
- The asking price for this property is $2,000,000.
- What are key features of this property?
- This property features: 18-unit multifamily property totaling 16,354 square feet.; 83.3% occupancy rate.; Value-add opportunity with potential for increased market rents.
- 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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