16-Unit Multifamily Investment
For Sale
Contact for pricing
221 County Rd 3320, Brundidge, AL 36010
Value-add multifamily property near Troy University in Pike County, Alabama.
Property SizeContact for details
Days on Market189
Property Features for 221 County Rd 3320
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Building Details
Year Built
2002
Stories
2
Listing Agency:
LAH Commercial Real Estate Mountain Brook
(205) 870-8580
Listed By:
Alex Kyriazis · License #000121269-0
Source:
Crexi
Added: Feb 16
Changed: Aug 8
Last Checked: Aug 24 at 9:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LAH Commercial Real Estate Mountain Brook
Investment Insights
Based on property information with market context.
This 16-unit multifamily property is located in Pike County, Alabama, approximately 16 minutes from Troy University. The property features four 3BR/1BA units and twelve 2BR/1BA units, along with an on-site coin-operated laundry facility. Thirteen of the sixteen units have been renovated and are currently rented. The remaining three units require moderate renovation, presenting a value-add opportunity. Current rents are slightly below market value. The property operates using a well-maintained well and septic system. Each unit is separately metered and equipped with central heat and air. The property is located approximately 2 miles from the Walmart Distribution Center and the Southern Classic Food Center, and less than 20 minutes from major employers in Troy, AL. This property is being offered as a value-add multifamily opportunity.
Key Highlights
- Value‑add opportunity: 3 units need moderate rehab, current rents slightly under market.
- Located in fast‑growing Pike County, Alabama, only 16 minutes from Troy University.
- Consists of 16 units: four 3BR/1BA and twelve 2BR/1BA.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 36010, AL
4,866
Population
2,984
Households
1.6
Avg Household Size
46
Median Age
14%
College-Educated
82%
High-School Grad
129.6 sq mi
ZIP Area
38
Density / Sq Mi
$40,295
Median Household Income
$36,075
Median Earnings
$703
Median Rent
$108,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily property near Troy University in Pike County, Alabama.
Where is this apartment building located?
The property is located at 221 County Rd 3320 Brundidge, AL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Value‑add opportunity: 3 units need moderate rehab, current rents slightly under market.; Located in fast‑growing Pike County, Alabama, only 16 minutes from Troy University.; Consists of 16 units: four 3BR/1BA and twelve 2BR/1BA.
