仅可通过预约看房。请联系David Hall以安排看房，或访问davidhall@remax.net或致电334-399-2262。 投资亮点：由45个单元组成的花园式公寓社区，所有单位都有2br / 1ba的平面，合计±850 平方英里与客厅和厨房/餐厅组合。最近资本支出包括在5个建筑物中3个的更换，升级安保摄像，单元升级和中央HVAC屋顶替换。增值租赁随着未来市场价格的增加而增值。地处优越的租赁市场旁，附近有零售市场和Hyundai汽车制造工厂，员工超过3,000人的5分钟 投资概述：South Court Place公寓是一栋有着45个单元的花园式公寓社区，位于4724 S. Court Street in Montgomery, AL。 South Court Place Apartments公寓建于1965年，于2000年重新装修，由五座位于步行两层的建筑组成，占地面积为2.01英亩，设有88个停车位。该住宅有45个单元与±38,250 NRA账户，由±850 平方英里，2间卧室/ 1间浴室的公寓。该住宅目前占有率为88.89％，并一直有着高入住率。 过去12年里，房主精心地使用和管理着该房子。最近资本支出包括在过去两年内更换了5个建筑物屋顶中的其中3个，并在办公室安装了带有显示器的新视频安保系统。最近的物件升级包括洗碗机，翻新的厨房和浴室，新安装的皇冠模型和早餐区的吊扇。设施包括洗衣设施，游乐场和铺设好的停车场。
Property tours are available by appointment ONLY. Please contact David Hall to schedule at davidhall@remax.net or 334-399-2262. Investment Highlights: 45 unit garden-style apartment community All units are 2br/1ba floorplans totaling ±850 SF with living room and kitchen/dining combo Recent CapEx includes roof replacements on 3 of 5 buildings, upgraded video security, unit upgrades and central HVAC Value-add through lease-up of the available units and future increases of rents at market rates Located in a desirable rental market near retail and employment drivers Located 5 minutes from the Hyundai auto manufacturing plant, which employs ±3,000 people Investment Overview: South Court Place Apartments is a 45 unit garden-style apartment community located at 4724 S. Court Street in Montgomery, AL. Constructed in 1965 and renovated in 2000, South Court Place Apartments consists of five, walk-up, two-story buildings that are situated on ±2.01 acres with 88 parking spaces. The property has 45 units with ±38,250 NRA and is comprised exclusively of ±850 SF, 2 bedroom/1 bathroom apartments. The property is currently ±88.89% occupied and has consistently experienced high occupancy rates. The owner has owned and managed the property meticulously for the past 12-years. Recent CapEx includes replacing 3 of the 5 building roofs within last two years and installing a new video security system with monitors in the office. Recent unit upgrades include replaced dishwashers, renovated kitchens and baths, newly installed crown molding, and ceiling fans in breakfast areas. Amenities include on-site laundry facilities, playground and paved parking area. Montgomery, is the capital of Alabama and is the second-largest city in AL, after Birmingham, and is the 115th largest in the United States. South Court Place Apartments is located approximately 96.7 miles southeast of Birmingham, Alabama and 166 miles southwest of Atlanta, Georgia. The city of Montgomery has won several national awards: Best Historic City by USA Today, All-America City in 2014 by the National Civic League, "Top City For Job Growth" in 2014 by ziprecruiter.com, and the 'happiest city in Alabama.' Montgomery has also been recognized nationally for its downtown revitalization and new urbanism projects. South Court Place Apartments benefits from its location, only ±5-miles from the new Hyundi plant which employs over 3,000 people. The Property is ±2.3 miles east of Interstate 65, ±4.1 miles south of Interstate 85 and near Montgomery Regional Airport. The Property is located approximately 4.2 miles southwest of Alabama State University and approximately 100 miles southeast of Birmingham-Shuttlesworth International Airport. Amenities within a five-mile radius include Longhorn Steakhouse, Honey Baked Ham Company, Pizza Hut, Krystal’s, McDonald’s, Wal-Mart, AutoZone, Churches Chicken, Rite Aid, Walgreens, Burger King, Wendy’s, Subway, Family Dollar, KFC, Taco Bell, and many more. Local demographics include an estimated 2017 population of 99,319 people with an average household income of $50,509 within a 5-mile radius of South Court Place Apartments. This property will be auctioned on Monday, April 3 - Wednesday, April 5 . The price displayed is the starting bid amount of $300,000. For information and to register to bid on this property, please visit Ten-X.com.
