1 W Wareingwood Dr, Montgomery, AL 36109

Commercial property for sale

  • Description
  • Welcome to Wareingwoood Apartments located in Montgomery, Alabama near Maxwell Air Force Base. Ask us about owner financing! This property has a 9.8 % cap rate at current rental rates. 10.5% when rates go up $25 per unit at renewal. Investment opportunity. 8 unit apartment complex. 4 units have a 3 bedroom floor plan. The estimated monthly rent is $600. 4 units have a 2 bedroom floor plan. the estimated monthly rent is $575. Several of the units have been refurbished. Brick construction exterior. Located in a well established area. Convenient to shopping and dining. Each unit has private patio area. Montgomery is home to 8 colleges and universities as well as Hyundai Manufacturing of Alabama. $325,000 Building price details: $325,000.
  • Exterior Features
  • Parking Type: Surface
  • Map Locations
  • Contact info
  • Paul Hodges
    334-495-8888 [Office]
    EXIT Hodges Real Estate
  • Note
  • Details Info about this row that located on 1 W Wareingwood Dr, Montgomery, AL 36109 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Building Name: Wareingwood Apartments
    Property Type: Multifamily
    Use Types: Mid-Rise
    Status: Available
    Price: $ 40,625 +/Unit
    Number of Stories: 2
    Year Built: 1960
    Year Renovated: 2011
    MSA: Montgomery
    Zoning: MULTIFAMILY
    Buildings: 2
    Construction: Brick
    Terms: Cash to Seller, Owner Financing
    Added: 03/05/2012
    Last Update: 06/07/2013

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