123 N DONAHUE Drive
Property Description
INVESTMENT OPPORTUNITY NEAR AUBURN UNIVERSITY! Acquire 4 fully occupied, updated units in a highly desirable Auburn location, approximately half a mile from downtown Auburn and convenient to Auburn University & Jordan-Hare Stadium. All 4 units are being sold together as one property, offering investors an established, income-producing multifamily asset with tenants already in place. The property consists of 4 individual units with a combined 8 bedrooms & 8 bathrooms. Each unit features updated interiors with durable LVP flooring & functional living spaces. With all 4 units currently occupied, a new owner can step into an established rental property without the immediate need to market vacant units or secure new tenants. For investors looking beyond traditional long-term rentals, the location also creates an attractive opportunity for a future short-term rental or Airbnb strategy. Proximity to Auburn University, Jordan-Hare Stadium, downtown Auburn, & the surrounding campus district positions the property well for football weekends, university events, graduations, alumni weekends, & other year-round activities. Situated next door to Momma Goldberg's, the property offers convenient access to restaurants, shopping, entertainment, campus, & downtown. The combination of 4 individual units, existing occupancy, updated interiors, & flexibility for both long-term & short-term rental strategies makes this a compelling multifamily investment opportunity in the Auburn market. SHOWING REQUIREMENTS: Listing Agent must be present for all property showings. The property is tenant-occupied, and a minimum of forty-eight (48) hours' notice is required prior to any showing. Prospective Buyers must provide satisfactory proof of funds prior to any showing being scheduled or conducted. FINANCIAL INFORMATION: Prospective Buyers should contact the Listing Agent for the current rent roll and other available profit and loss (P&L) financial information pertaining to the property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $3,350,000 |
| No. of Units: | 4 |
| Year Built: | 1994 |
| Lot Size: | 3,462.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $837,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-LCARAL-182392
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