Main Street Plaza | 34 N Main St
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Main Street Plaza 34 N Main St
13 Unit Block of Flats £1,104,600 (£84,969/Unit) 4.59% Net Initial Yield Arab, AL 35016
Executive Summary
This is a mixed use property with 13 multi-family, 11 office/retail spaces, with 3 being dedicated to office space and 3 dedicated to retail space. Other 5 can be either one. It is in the heart of newly renovated downtown Arab.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £1,104,600 | Apartment Style | Low Rise |
| Price Per Unit | £84,969 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Net Initial Yield | 4.59% | Building Size | 16,209 SF |
| No. Units | 13 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1930/2022 |
| Property Subtype | Apartment |
| Price | £1,104,600 |
| Price Per Unit | £84,969 |
| Sale Type | Investment |
| Net Initial Yield | 4.59% |
| No. Units | 13 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 16,209 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1930/2022 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 3+2 | 1 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 1 | - | - |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | £165,390 (2023) | |
| Land Assessment | £6,107 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £145,523 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£6,107 (2023)
Improvements Assessment
£145,523 (2023)
Total Assessment
£165,390 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
-
Richard McDonald -
SVN | AVAT Realty, LLC
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Main Street Plaza | 34 N Main St
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