NOT LISTED FOR SALE

11 Eumar Ct NW Unit 1 Center Point, AL 35215

48 Beds
24 Baths
20,400 Sq Ft
1971 Built

Last Sold September 30, 2022

Last sale price $1,320,000 $65 Per Sq Ft

10 Days on Market

About This Home

As of September 2022

Great opportunity to purchase this multifamily property, 24-units currently under full renovation. Updated Kitchens and bathrooms. New vinyl floors throughout! All new HVAC. All new Roofs! Interior and all exterior paint. All new plumbing and electrical. Units are large and spacious with an open floor plan. Tons of natural light. Washer and dryer hook ups in bathroom closet area. All units come with new refrigerator and new stove. Front doors face the green space courtyard each with center hall- two units down and two up. Back doors face the exterior with convenience to parking around the exterior of the buildings. Security Cameras for 24hr surveillance. Close to all shopping and businesses. All 24 units are 2br/1b. New rents at $849. Currently being leased up. Proforma cap of 9.96%. These numbers are best estimates.

Last Listed By

Margie Beth Shaw

Keller Williams Realty Vestavia Listed on: 07/29/2022

Keller Williams Realty Vestavia

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,601

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction

Schools

  • Center Point Elementary School
  • Erwin Middle School
  • Center Point High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Vinyl Flooring
  • Crawl Space
  • In Flood Plain

Listing and Financial Details

  • Tenant pays for hot water (tenant)
  • The owner pays for cable/tv connect (owner), trash collection (owner), water/sewer (owner)

Community Details

Overview

  • 24 Units

Building Details

  • Operating Expense $9,591
  • Gross Income $20,715

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,601

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1971
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Floors: Vinyl
  • Miscellaneous: Security System

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 1 Space per Unit, 2 Spaces per Unit

Utilities

  • Heating: Central Control (HEAT)
  • Cooling: Central Control (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 24

Schools

  • Elementary School: CENTER POINT
  • Middle School: ERWIN
  • High School: CENTER POINT

Lot Info

  • Flood Plain: Yes
  • Assessor Parcel Number: 12-00-18-3-010-001.000
  • Unit/Lot Number: 1

Rental Info

  • Owner Pays: Cable/TV Connect (OWNER), Trash Collection (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: Hot Water (TENANT)

Tax Info

  • Tax District: CENTER POINT
  • Annual Tax: 6601

Multi Family

  • Expenses: 9591
  • Gross Income: 20715

MLS Schools

  • Elementary School: CENTER POINT
  • High School: CENTER POINT
  • Jr Middle School: ERWIN

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $1,320,000 0.0% $65 / Sq Ft
07/29/2022 07/29/22 For Sale $1,320,000 -- $65 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 1329378

Greater Alabama MLS