6270 Aquarius Drive | 6270 Aquarius Dr
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6270 Aquarius Drive 6270 Aquarius Dr
4 Unit Block of Flats £352,103 (£88,026/Unit) Alpine, AL 35014
Investment Highlights
- 4 Unit Income-Producing Quadplex in Alpine, Alabama
- Three units have 2 bedrooms and 2 bathrooms, while one unit features 2 bedrooms and 3 bathrooms
- Close to Lake Logan Martin, Alpine Bay Golf Course, Cheaha Mountain and the Talladega National Forest
- Recent updates to the property include new plumbing, sewer system, kitchens, and floor coverings, with all units freshly painted throughout.
Executive Summary
This Income-Producing 4 unit Quadplex in Alpine, AL is a fantastic investment opportunity, offering a blend of peaceful rural living, modern amenities, and strong income potential. Situated off Hwy 235 in a quiet rural area. Close to numerous recreational opportunities, including:Lake Logan Martin: A 17,000-acre reservoir ideal for water activities. Alpine Bay Golf Course: An 18-hole, par 5 course designed by Robert Trent Jones Sr. The quadplex is just 13 miles from Talladega, near Cheaha Mountain and the Talladega National Forest, and only 44 miles from Birmingham, with I-20 access just 16 miles away. Nearby YMCA Camp Cosby offers various recreational activities for all ages. The quadplex consists of four units, three of which have 2 bedrooms and 2 bathrooms, while one features 2 bedrooms and 3 bathrooms. Each unit offers spacious living rooms with serene views of the surrounding woodlands, creating a relaxing atmosphere for tenants. Recent updates to the property include new plumbing, sewer system, kitchens, and floor coverings, with all units freshly painted throughout. Currently cash-flowing with high demand due to modern updates and attractive layout. Given the strong local real estate market and proximity to growing areas, this property holds excellent potential for long-term appreciation, making it a sound investment. Whether you're looking to expand your portfolio or enter a flourishing market, this updated and cash-flowing quadplex is a great choice for any investor.
Property Facts
Price | £352,103 | Apartment Style | Garden |
Price Per Unit | £88,026 | Building Class | C |
Sale Type | Investment | Lot Size | 0.50 AC |
Sale Conditions | 1031 Exchange | Building Size | 25,000 SF |
No. Units | 4 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 2 |
Property Subtype | Apartment | Year Built/Renovated | 1973/2024 |
Price | £352,103 |
Price Per Unit | £88,026 |
Sale Type | Investment |
Sale Conditions | 1031 Exchange |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.50 AC |
Building Size | 25,000 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built/Renovated | 1973/2024 |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+2 | 3 | £860.70 | 1,281 |
2+3 | 1 | £860.70 | 1,281 |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £192,279 | |
Land Assessment | £2,504 | Total Assessment | £194,783 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£2,504
Improvements Assessment
£192,279
Total Assessment
£194,783
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6270 Aquarius Drive | 6270 Aquarius Dr
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