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Englewood Apartments 185 La Rue Finis 24 Unit Apartment Building For Sale Leesburg, AL 35983

INVESTMENT HIGHLIGHTS
- Opportunity for strong cash-flows
- Easy access to recreational activities and local charm
- Solid in-place occupancy
- Near Leesburg Historic District
EXECUTIVE SUMMARY
Englewood, a 24-unit LIHTC property built in 2004 and located in Leesburg, AL, offers a strong opportunity to acquire a stabilized affordable housing asset. With income and rent restrictions in place, the property benefits from consistent demand and limited local competition. Englewood presents an opportunity for strong cash-flows and solid in-place occupancy. The property is QC eligible but must remain in the program to preserve the existing HOME loan.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Class | C |
| No. Units | 24 | Lot Size | 6.25 AC |
| Property Type | Multifamily | Building Size | 23,574 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2004 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.25 AC |
| Building Size | 23,574 SF |
| No. Stories | 2 |
| Year Built | 2004 |
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PROPERTY TAXES
| Parcel Number | 15-01-11-1-000-001.022 | Improvements Assessment | $186,170 CAD |
| Land Assessment | $0 CAD | Total Assessment | $186,170 CAD |
PROPERTY TAXES
Parcel Number
15-01-11-1-000-001.022
Land Assessment
$0 CAD
Improvements Assessment
$186,170 CAD
Total Assessment
$186,170 CAD
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Englewood Apartments | 185 La Rue Finis
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