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223 & 225 8th St SW
Decatur, AL 35601
217, 219, 223, & 225 8th Street SW · Immeuble residentiel Propriété À vendre
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Faits saillants de l'investissement
- Four-building portfolio totaling 24 units with stabilized occupancy and strong performance.
- Durable brick and vinyl exteriors with metal roofing for enhanced longevity and reduced maintenance costs.
- Conveniently located near major transportation routes, retail, and the Riverwalk Marina area.
- Recent renovations in 2025–2026 include updated kitchens, baths, flooring, and appliances.
- All units equipped with washer/dryer hookups, modern kitchens, and upgraded features for tenant appeal.
- Multiple systems upgraded, including HVAC and water heaters, reducing future capital expenditures.
Résumé de l'annonce
Introducing a prime investment opportunity in the heart of Decatur, AL. This multifamily property at offers 4 buildings with a total of 24 units priced at $76,042/unit. Each building consists of 2 two-bedroom one-bath units and 4 one-bedroom one-bath units. With a total area of 14,976 SF, these recently renovated buildings underwent significant updates and upgrades in 2025 & 2026, and now boasts full occupancy. Some of the recent upgrades and updates include granite countertops, new kitchen cabinets, new appliances, new bathroom vanities, new flooring and modern decor. Value-add ready as market rents offers room to increase rents now with newly renovated units. The property features brick and vinyl exteriors plus some metal roofing that can lower maintenance costs and durability. Whether you're a seasoned investor or entering the multifamily real estate market, this property presents a compelling opportunity for steady returns and long-term growth potential.
Discover the charm of Decatur, AL, where the property is situated. Nestled in a bustling neighborhood, residents can explore a variety of local attractions and conveniences within close proximity. From the adjoining historic districts to the serene Riverwalk Marina, the area offers an inviting mix of cultural and leisure experiences. Nearby eateries, boutique shops, and recreational facilities provide a comfortable and convenient lifestyle for residents. With easy access to major transportation routes and scenic natural surroundings, this location offers the perfect blend of urban accessibility and small-town appeal for multifamily living.
Discover the charm of Decatur, AL, where the property is situated. Nestled in a bustling neighborhood, residents can explore a variety of local attractions and conveniences within close proximity. From the adjoining historic districts to the serene Riverwalk Marina, the area offers an inviting mix of cultural and leisure experiences. Nearby eateries, boutique shops, and recreational facilities provide a comfortable and convenient lifestyle for residents. With easy access to major transportation routes and scenic natural surroundings, this location offers the perfect blend of urban accessibility and small-town appeal for multifamily living.
Faits sur la propriété
| Prix/pi² | 173,03 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 14 976 pi² |
| Statut | Actif | Superficie totale du terrain | 1,08 AC |
| Nombre de propriétés | 2 |
| Prix/pi² | 173,03 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 14 976 pi² |
| Superficie totale du terrain | 1,08 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 223 & 225 8th St SW, Decatur, AL 35601 | Immeuble residentiel | 7 712 pi² | 1980 | - |
| 217 & 219 8th St SW, Decatur, AL 35601 | Immeuble residentiel | 7 264 pi² | 1984 | - |
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