1020 Country Club Dr, Auburn, AL 36830
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.