Property summary
This exceptional 60-unit apartment building, located at 4005 County Rd 34 in Centre, Alabama (zip code 35960), presents a compelling investment opportunity. The property boasts a total of 62,671 square feet and features an attractive mix of spacious two-bedroom units. A recent, comprehensive renovation program is complete, resulting in a significant increase in rental income, already approaching market rates. This major capital expenditure, including full rehabilitation, eliminates the need… for immediate further investment, allowing for immediate cash flow and further potential rental growth. The property's prime location in Centre offers convenient access to key economic drivers and major transportation routes, ensuring strong tenant demand and ease of commuting. This turnkey investment is ready for immediate occupancy and income generation, offering a solid return on investment with significant upside potential. The property is situated in Cherokee County, Alabama, providing a stable and attractive market for multifamily investments. The completed renovations ensure a high-quality living experience for residents, contributing to long-term tenant retention and consistent rental income. This is a rare opportunity to acquire a well-maintained, high-performing apartment complex in a desirable location. The strong rental income, coupled with the completed renovations, makes this an ideal investment for those seeking immediate returns and long-term growth.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Location Insight
- Alternative use
- Local Zoning Insight