108 Anderson Rd
Property Description
Exceptional opportunity to own Unit #15 in a professionally maintained multifamily development located in Troy, Alabama. This well-designed 2-bedroom, 2-bathroom apartment offers approximately 1,052 square feet of single-story living space with a functional floor plan, quality finishes, and excellent long-term investment potential. This property is part of a larger offering consisting of 14 total income-producing units, providing investors with exceptional flexibility. Whether you're looking to purchase a single investment property, expand your rental portfolio with multiple units, complete a 1031 exchange, or acquire the entire portfolio, this offering can be tailored to meet your investment goals. Ideally located just minutes from Troy University, downtown Troy, shopping, dining, healthcare, and major employers, the property's location contributes to consistent rental demand and long-term investment stability in one of South Alabama's strongest rental markets. Investment Options Purchase Unit #15 individually. Units may also be purchased in packages of two or more. Investors have the opportunity to acquire up to all 14 available units. Package Pricing: Multiply the number of units by $130,000 per unit. Property Highlights 2 Bedrooms | 2 Bathrooms Approximately 1,052 square feet Desirable single-story floor plan Kitchen appliances included Strong income-producing potential Excellent opportunity for portfolio expansion or a 1031 exchange Convenient location in Troy, Alabama
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $130,000 |
| Year Built: | 2007 |
| Lot Size: | 1,052.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-DARAL-214189
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
579 Trout Run Road
Mountain City, Tennessee
824 Summit Street
Walnut Cove, North Carolina
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout