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24-unit Apartment Complex For Sale
#2615939
10/22/18 05:49 PM
10/22/18 05:49 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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Thought I'd post on the forum before having my agent list it in the MLS. FOR SALE: 24 unit Apartment Complex in Alexander City, AL. All units are 2BR/1BA, property has a private drive cul-de-sac with 5 individual buildings. Also includes a shop and a storage building. Potential income of $10,800/month @ 100% occupancy. Sales price: $315,000 OBO PM for more details. ![[Linked Image]](https://i.postimg.cc/VSgHjjS1/IMG-4846.png) ![[Linked Image]](https://i.postimg.cc/PCz6jmQZ/IMG-4847.png)
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: wew3006]
#2615944
10/22/18 06:02 PM
10/22/18 06:02 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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What's the occupancy rate now?
I just had a fall version of spring cleaning with a mass eviction. The complex is currently at 50% occupancy of actual rent paying tenants. That number will increase as on hand applications are screened and new tenants are added.
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: AU7MM08]
#2616174
10/22/18 08:33 PM
10/22/18 08:33 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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Why the decision to sell? Too many irons in the fire and my dad is dying of cancer. Not enough BCLC to go around at the moment.
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: BCLC]
#2616179
10/22/18 08:35 PM
10/22/18 08:35 PM
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Joined: Jun 2015
Posts: 14,050
Some Marriott/Auburn
AU7MM08
Booner
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Booner
Joined: Jun 2015
Posts: 14,050
Some Marriott/Auburn
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Why the decision to sell? Too many irons in the fire and my dad is dying of cancer. Not enough BCLC to go around at the moment. Sorry to hear about your Father. I hope the transaction goes well and to a good owner. Wish I was in the position to be interested.
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Re: 24-unit Apartment Complex For Sale
[Re: BCLC]
#2616328
10/22/18 10:04 PM
10/22/18 10:04 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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I think I've responded to all PM's and emails but in case I missed you please let me know. Thank you for all the interest.
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: BCLC]
#2616576
10/23/18 08:48 AM
10/23/18 08:48 AM
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Joined: Mar 2013
Posts: 5,930
alex city
oakachoy
12 point
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12 point
Joined: Mar 2013
Posts: 5,930
alex city
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So Sorry to hear about your Father, my wife thinks a lot about your parents. glws
WM Hunter "Trump literally sacrificed himself, his family and all of his businesses for this country.
He literally is a true American hero. And True American Patriot - warts and all."
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Re: 24-unit Apartment Complex For Sale
[Re: oakachoy]
#2616679
10/23/18 10:40 AM
10/23/18 10:40 AM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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So Sorry to hear about your Father, my wife thinks a lot about your parents. glws Thanks for the kind words. He had pancreatic cancer and absolutely whipped its butt and was cancer free for nearly 5yrs but this time it came back in his lungs and is Stage 4. The doctors have given him a not so good prognosis but he's a fighter and if he goes down he's gonna go down swinging. I can only hope to be half the man and father he's been.
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: BCLC]
#2616809
10/23/18 12:52 PM
10/23/18 12:52 PM
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Joined: Nov 2015
Posts: 21,454
HSV AL
jmudler
Freak of Nature
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Freak of Nature
Joined: Nov 2015
Posts: 21,454
HSV AL
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Cancer sucks! Adding you to my prayer list BCLC
Isaiah 5:20 Woe to those who call evil good and good evil, who put darkness for light and light for darkness, who put bitter for sweet and sweet for bitter.
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Re: 24-unit Apartment Complex For Sale
[Re: BCLC]
#2616865
10/23/18 01:31 PM
10/23/18 01:31 PM
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Joined: Jan 2014
Posts: 140
Wetumpka
JCL
3 point
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3 point
Joined: Jan 2014
Posts: 140
Wetumpka
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Re: 24-unit Apartment Complex For Sale
[Re: Sumter08]
#2616967
10/23/18 03:46 PM
10/23/18 03:46 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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I checked my inbox but didn't see a PM from you.
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: 24-unit Apartment Complex For Sale
[Re: Sumter08]
#2616985
10/23/18 04:16 PM
10/23/18 04:16 PM
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Joined: Apr 2017
Posts: 15,439
Ourtown, AL
BCLC
OP
Old Mossy Horns
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OP
Old Mossy Horns
Joined: Apr 2017
Posts: 15,439
Ourtown, AL
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Got it. PM headed your way
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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