2316 Summerville Road
- - Spacious Townhome-Style Floor Plans – Two-story layouts offering generous living space, functional separation between living and bedroom areas, and an overall feel more comparable to single-family living than traditional apartment units.
- - Newer Vintage Construction – Built in 2007 and 2008, these properties provide the advantages of modern construction with reduced deferred maintenance compared to older multifamily assets.
- - Strong Rental Upside Potential – Current rents remain below market, presenting a clear opportunity for strategic rent increases and continued revenue growth through both market adjustments and light interior upgrades.
- - Convenient Access to Employment & Amenities – Ideally located near major highways for easy commuting into Columbus and surrounding metro areas, while also being just minutes from shopping, dining, and everyday conveniences that enhance tenant demand.
Property Description
NAI G2 Commercial Real Estate is pleased to present three duplexes in Phenix City, Alabama, offered at a list price of $499,000. The properties feature newer vintage construction, built in 2007 and 2008. Each unit is townhome-style with two stories. All units offer 2 bedrooms and 2 bathrooms, with one unit featuring 3 bedrooms and 2 bathrooms. Current rental rates remain below market, providing new ownership with the opportunity to capture organic revenue growth through strategic rent increases. In addition, the interior units offer clear and cost-effective upgrade potential, creating a straightforward path to further enhance rental income and overall asset value. The properties are conveniently located for residents commuting into Columbus and other surrounding metro areas, with easy access to major highways. They are also situated near dining and shopping, adding to their overall tenant appeal.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $499,000 |
| No. of Units: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $83,167 |
| Property Website | Click Here |
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