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8th Street Apartments 217 & 219 8th St SW 24 Unit Apartment Building $2,585,076 CAD ($107,711 CAD/Unit) 7% Cap Rate Decatur, AL 35601
Property Facts
| Price | $2,585,076 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $107,711 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.66 AC |
| Cap Rate | 7% | Building Size | 15,200 SF |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 1.12/1,000 SF |
| Zoning | RD - Redevelopment District | ||
| Price | $2,585,076 CAD |
| Price Per Unit | $107,711 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 15,200 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | RD - Redevelopment District |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,062 CAD | 600 |
| 2+1 | 8 | $1,204 CAD | 700 |
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Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-09-30-1-002-017.000 | Improvements Assessment | $65,580 CAD |
| Land Assessment | $5,115 CAD | Total Assessment | $70,694 CAD |
Property Taxes
Parcel Number
03-09-30-1-002-017.000
Land Assessment
$5,115 CAD
Improvements Assessment
$65,580 CAD
Total Assessment
$70,694 CAD
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8th Street Apartments | 217 & 219 8th St SW
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