Seller's Agent in 2023
Noor Casanova
Casanova Realty Group
(205) 527-1250
41 Total Sales
151 3rd Ave Odenville, AL 35120
Odenville Area
16
Beds
16
Baths
8,800
Sq Ft
2009
Built
Highlights
- Cooling Available
- Heating Available
- 3-minute walk to Odenville City Park
- Vinyl Flooring
About This Home
As of November 2023Calling all investors! Here is your chance to acquire a fully renovated, brick structure apartment complex that is fully occupied with room to increase rents!! Asking price reflects an 8.5% cap rate with the opportunity to achieve a 10%+ cap rate after slightly bumping rental rates! This apartment complex currently generates a net profit of $76,276/year (Trailing 12 and supporting documentation available upon request). There's room to bump rents that will increase the annual net profit amount to approximately $85,336/year. Happy to share all supporting documentation and discuss figures with interested and qualified investors! Apartment Complex Details; 8 Units (All 2BR/2BA/1,100sqft), All units updated in 2022, All Brick, All Electric, Separately metered, Washer/Dryer connection, Hardwood Floors throughout, LVP in bedrooms. Agents welcome! 2.5% to Selling Agent.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,764
Year Built
- Built in 2009
Home Design
- Brick Exterior Construction
Flooring
- Laminate
- Vinyl
Basement
- Crawl Space
Schools
- Odenville Elementary And Middle School
- St Clair County High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities (tenant)
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $5,864
- Gross Income $82,140
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2023
Closed on
Nov 22, 2023
Sold by
Bought by
Seller's Agent
Noor Casanova
Casanova Realty Group
Buyer's Agent
Sandy Nguyen (Binh)
Goal Realty LLC
List Price
$899,500
Sold Price
$850,000
Premium/Discount to List
-$49,500
-5.5%
Views
41
Purchase Details
Closed on
Nov 30, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
0.0309%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 6, 2020
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2007
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $850,000 | None Listed On Document | ||
| $575,000 | None Available | ||
| -- | None Available | ||
| $45,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $460,000 | ||
| Previous Owner | $409,160 | ||
| Previous Owner | $237,300 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2023 11/22/23 | Sold | $850,000 | -5.5% | $97 / Sq Ft |
| 08/28/2023 08/28/23 | For Sale | $899,500 | -- | $102 / Sq Ft |
Source: Greater Alabama MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,972 | $110,320 | $0 | $0 |
| 2024 | $3,972 | $110,324 | $2,720 | $107,604 |
| 2023 | $3,972 | $110,324 | $2,720 | $107,604 |
| 2022 | $4,175 | $103,736 | $2,040 | $101,696 |
| 2021 | $3,764 | $103,728 | $2,032 | $101,696 |
| 2020 | $3,764 | $104,540 | $2,030 | $102,510 |
| 2019 | $3,764 | $104,540 | $2,030 | $102,510 |
| 2018 | $3,249 | $90,240 | $0 | $0 |
| 2017 | $3,254 | $90,240 | $0 | $0 |
| 2016 | $3,249 | $90,240 | $0 | $0 |
| 2015 | $3,254 | $90,240 | $0 | $0 |
| 2014 | $3,254 | $90,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Noor Casanova
-
Sandy Nguyen (Binh)
Buyer's Agent in 2023
Sandy Nguyen (Binh)
Goal Realty LLC
(205) 253-2500
268 Total Sales
Map
Source: Greater Alabama MLS
MLS Number: 21364012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 910 Old Springville Rd
- 390 Brown St
- 35 Autrey Ave
- 13693 US Highway 411
- 330 Pine Ridge Dr
- 305 Pine Ridge Dr
- 340 Pine Ridge Dr
- 315 Pine Ridge Dr
- 285 Pine Ridge Dr
- 335 Pine Ridge Dr
- 1010 Old Springville Rd
- 260 Pine Ridge Dr
- 7790 Alabama Highway 174
- 385 Pine Ridge Dr
- 50 Maple Cove Rd
- 405 Pine Ridge Dr
- 40 Maple Cove Rd
- 1021 Old Springville Rd
- 9790 Alabama Highway 174
- 115 Cedar Branch Cir
- 188 Third Ave Unit 1
- 96 Third Ave
- 14408 U S 411
- 14408 Us Highway 411
- 133 Alabama St
- 123 Alabama St
- 85 Alabama St
- 75 Alabama St
- 14545 Us Highway 411
- 1 Third Ave
- 53 Oakley Ave
- 14585 Us Highway 411
- 304 Alabama St
- 312 Third Ave
- 315 3rd Ave
- 315 Third Ave
- 298 Brown St
- 334 Brown St
- 362 Brown St
- 142 Brown St
Your Personal Tour Guide
Ask me questions while you tour the home.