Investment Overview
Introducing an exceptional opportunity to purchase this unique and charming multifamily apartment complex in Decatur, AL. This 16-unit property at 1614 Somerville Rd SE features a 16,764 SF building, thoughtfully renovated with upgrades and updates, while preserving the unique design and charm. With a remarkable 100% occupancy rate and R-4 zoning, this investment offers immediate income in a prime location that offers potential for greater returns. A popular luxury amenity for tenants is covered parking plus ample additional off-street parking. Don't miss the chance to add this well-maintained, high-performing property to your portfolio.
Investment Highlights
- 16,764 SF unique design offers lots of charm
- 16 unit apartment complex uniquely designed
- 8 two-bedroom/two-bath units
- 6 two-bedroom/one-bath units
- 2 one-bedroom/one-bath units
- Private courtyard setting offering patios and balconies
- Renovated with updates and upgrades
- Covered parking and ample additional off-street parking
- Located in southeast Decatur area near Decatur High School,
- Impressive 100% occupancy