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2400 4th Ave, Phenix City, AL 36867 2400 4th Ave 52 Unité Immeuble d’appartements 3 405 475 $ CAD (65 490 $ CAD/Unité) Phenix City, AL 36867
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Central Location: Minutes to Downtown Columbus, Fort Moore (Fort Benning), local hospitals, and key employers.
- Scale in a Single Purchase: Acquire 52 units within one block for operational efficiency.
- Value-Add Potential: Strong upside through interior renovations, strategic rent increases, and operational efficiencies.
RÉSUMÉ DE L'ANNONCE
Presenting the Hawthorne Apartments Portfolio, a stabilized two-parcel multifamily property totaling 52 units in the heart of Phenix City, Alabama. Situated on adjacent sites along 4th Avenue, this well-maintained, garden-style community provides investors with immediate scale, dependable cash flow, and rental upside in a steadily growing submarket of the Columbus–Phenix City MSA.
Property Highlights
• Total Units: 52 (mix of one- and two-bedroom floorplans)
• Total Lot Size: ±5.04 acres (combined)
• Combined Building Area: ±97,000 sq. ft.
• Year Built: Circa 1950 (solid masonry construction)
• Zoning: Apartments – 4 units & greater (multifamily)
• Parking: Surface parking for residents and guests
2300 & 2400 4th Avenue
• 52 units across approximately 97,000 sq. ft.
• Situated on ±5.04 acres combined
• Mix of one- and two-bedroom units
• Classic garden-style design with two-story buildings
Investment Highlights
• Fully stabilized and income-producing asset
• Recent upgrades supporting strong rental demand
• City water & sewer with low-maintenance systems
• Convenient location near schools, retail, and major highways
?
Opportunity
The Hawthorne Apartments Portfolio offers investors a well-located, solidly built asset with significant repositioning potential. Whether pursuing a light renovation strategy to capture market rents or a full modernization for long-term appreciation, this portfolio is poised for strong returns in a market with proven rental demand.
Property Highlights
• Total Units: 52 (mix of one- and two-bedroom floorplans)
• Total Lot Size: ±5.04 acres (combined)
• Combined Building Area: ±97,000 sq. ft.
• Year Built: Circa 1950 (solid masonry construction)
• Zoning: Apartments – 4 units & greater (multifamily)
• Parking: Surface parking for residents and guests
2300 & 2400 4th Avenue
• 52 units across approximately 97,000 sq. ft.
• Situated on ±5.04 acres combined
• Mix of one- and two-bedroom units
• Classic garden-style design with two-story buildings
Investment Highlights
• Fully stabilized and income-producing asset
• Recent upgrades supporting strong rental demand
• City water & sewer with low-maintenance systems
• Convenient location near schools, retail, and major highways
?
Opportunity
The Hawthorne Apartments Portfolio offers investors a well-located, solidly built asset with significant repositioning potential. Whether pursuing a light renovation strategy to capture market rents or a full modernization for long-term appreciation, this portfolio is poised for strong returns in a market with proven rental demand.
FAITS SUR LA PROPRIÉTÉ
| Prix | 3 405 475 $ CAD | Classe d’immeuble | C |
| Prix par unité | 65 490 $ CAD | Taille du lot | 2,52 AC |
| Type de vente | Investissement | Taille du bâtiment | 50 392 pi² |
| Nombre d’unités | 52 | Occupation moyenne | 51% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1950 |
| Style d’appartement | Jardin | Ratio de stationnement | 0,17/1 000 pi² |
| Zonage | O | ||
| Prix | 3 405 475 $ CAD |
| Prix par unité | 65 490 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 52 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 2,52 AC |
| Taille du bâtiment | 50 392 pi² |
| Occupation moyenne | 51% |
| Nombre d’étages | 2 |
| Année de construction | 1950 |
| Ratio de stationnement | 0,17/1 000 pi² |
| Zonage | O |
COMMODITÉS
- Détecteur de fumée
COMMODITÉS DES UNITÉS
- Climatisation
- Micro-ondes
- Chauffage
- Cuisine
- Four
- Fourchette
- Bain/Douche
COMMODITÉS DU SITE
- Installations de lessive
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 9 | - | 800 |
| 2+1 | 43 | - | 1 200 |
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Impôts fonciers
| Numéro de lot | 05-01-11-01-010-001.000 | Évaluation des bâtiments | 293 112 $ CAD |
| Évaluation du terrain | 34 796 $ CAD | Évaluation totale | 327 908 $ CAD |
Impôts fonciers
Numéro de lot
05-01-11-01-010-001.000
Évaluation du terrain
34 796 $ CAD
Évaluation des bâtiments
293 112 $ CAD
Évaluation totale
327 908 $ CAD
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2400 4th Ave, Phenix City, AL 36867 | 2400 4th Ave
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