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2141 Westmead Dr SW

8 Unit Block of Flats £600,408 (£75,051/Unit) Decatur, AL 35603

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Investment Highlights

7,000 SF low-rise/garden-style building
Built in 1984, offering solid construction and classic appeal

8 units providing diverse rental income

Executive Summary

Introducing a prime investment opportunity in Decatur, AL! This 7,000 SF multifamily property, featuring 8 units, was built in 1984. Boasting an exceptional 97% occupancy rate, this property offers a strong and consistent income stream. Situated in a sought-after location, this well-maintained low-rise/garden-style building presents an attractive investment for discerning investors seeking stable returns in the thriving Decatur area. Don't miss out on the chance to add this promising asset to your portfolio.

Property Facts

Price	£600,408	Building Class	C
Price Per Unit	£75,051	Lot Size	0.35 AC
Sale Type	Investment	Building Size	7,000 SF
No. Units	8	Average Occupancy	97%
Property Type	Residential	Number of Floors	2
Property Subtype	Apartment	Year Built	1984

Price	£600,408
Price Per Unit	£75,051
Sale Type	Investment
No. Units	8
Property Type	Residential
Property Subtype	Apartment
Building Class	C
Lot Size	0.35 AC
Building Size	7,000 SF
Average Occupancy	97%
Number of Floors	2
Year Built	1984

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
Studios	4	-	-

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PROPERTY TAXES

Parcel Number	02-07-26-4-002-003.011	Improvements Assessment	£21,666
Land Assessment	£3,566	Total Assessment	£25,232

PROPERTY TAXES

Parcel Number

02-07-26-4-002-003.011

Land Assessment

£3,566

Improvements Assessment

£21,666

Total Assessment

£25,232

zoning

Zoning Code	C
C

Listing ID: 33885232
Date on Market: 09/10/2024
Last Updated:
Address: 2141 Westmead Dr SW, Decatur, AL 35603

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2141 Westmead Dr SW, Decatur, AL for sale Primary Photo- Image 1 of 5 — Building

2141 Westmead Dr SW, Decatur, AL for sale Building Photo- Image 2 of 5 — Building

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