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Property profile

1020 Country Club Dr Auburn, AL 36830

OFF-MARKET
Residential income homes
Property ID
US03-1877963
11,150 SF 1.82 ac lot Built 1960

Property summary

AI-generated overview

This exceptional value-add investment opportunity presents a portfolio of thirteen single-family rental homes situated on a 1.82-acre lot in Auburn, Alabama. The property, located at 1020 Country Club Dr, 36830, consists of nine buildings, each a single-story structure, totaling 11,150 square feet of net rentable space. Built in 1960, the property is classified as Class C and is zoned CRD-S. The asking price is $650,000, representing a price per unit of $50,000 and a price per square foot of $58.30. This portfolio offers immediate cash flow from thirteen existing rental units, presenting a strong foundation for long-term investment. The property's size and zoning offer potential for future redevelopment, adding significant upside to this already attractive investment. The fee simple ownership provides complete control and flexibility for the future of this property. This is a rare opportunity to acquire a substantial multifamily portfolio in a desirable location with significant potential for growth. The property is located in Lee County, Alabama, offering easy access to local amenities and infrastructure. This portfolio is ideal for investors seeking a stable income stream with long-term appreciation potential.

Property profile

Verified
Property type Residential income homes
Year built 1960
Total area 11,150 SF
Lot 1.82 ac (79,279 SF)
UPID US03-1877963

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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